Selvaag Bolig ASA

Selvaag Bolig ASA: Mandatory notification of trades by primary insiders

All shares were sold 18 February at an average price of NOK 56,1124 per share.

The shares traded were acquired through the comany's share purchase programmes,

and have been sold after the expiry of the lock-up period.

Sverre Molvik, CEO, has sold 82 167 shares. Following this transaction, Molvik

owns 295 770 shares in Selvaag Bolig ASA.

Øystein Klungland, COO, has sold 82 167 shares. Following this transaction,

Klungland owns 295 770 shares in Selvaag Bolig ASA.

Kristoffer Gregersen, Executive vice president communications and market, has

sold 47 930 shares. Following this transaction, Gregersen owns 128 910 shares in

Selvaag Bolig ASA.

Petter Cedell, Executive vice president property investment, has sold 14 415

shares. Following this transaction, Cedell owns 69 882 shares in Selvaag Bolig

ASA.

Magnus Kristiansen, employee elected director, has sold 3 909 shares. Following

this transaction, Kristiansen owns 20 364 shares in Selvaag Bolig ASA.

Further information from:

Sverre Molvik, CEO, Selvaag Bolig ASA

Telephone: +47 40 10 05 85, e-mail: [email protected]

Kristoffer Gregersen, vice president communications and market, Selvaag Bolig

ASA

Telephone: +47 95 77 55 93, e-mail: [email protected]

Selvaag Bolig ASA is a residential property developer controlling the entire

value chain from acquisition of land to sale of homes. The company has several

thousand homes under development at any given time, and focuses on the growth

areas in and around Greater Oslo, Bergen, Stavanger and Trondheim. Selvaag Bolig

represents a continuation of Selvaag's 70-year history and experience. The

company is headquartered at Ullern in Oslo.

www.selvaagboligasa.no/en

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

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