Veidekke ASA : Mandatory notification of trade - Shares purchased by employees in 2012

5,875 employees of Veidekke have received offers to purchase between 50 and 2,300 Veidekke shares. 1,798 employees made use of the offer and purchased a total of 1.62 million shares. The purchase price was set at NOK 37.45, which represents the average price in the subscription period 8 - 16 November 2012, less a 20 % discount. The shares are subject to a two-year lock-in period.

For years, Veidekke has worked to promote employee co-ownership in the company. This year interest has been considerable, and 1,798 purchasers represent 31% of those who received the offer. Corresponding figures for 2011 and 2010 were 33% and 31%, respectively.

The purchases of primary insiders, as well as new holdings, are attached to this report.

Contact persons:
Communications Director Kai Krüger Henriksen, tel. +47 90 51 93 60, kai.henriksen@veidekke.no
Assistant Financial Director Christopher M. Bjerke, tel. +47 99 58 18 02, christopher.bjerke@veidekke.no
Finance Manager Marte Hoggen Bolsø, tel. +47 93 63 25 77, marte.hoggen.bolso@veidekke.no

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.