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Veidekke

Regulatory Filings May 20, 2020

3781_rns_2020-05-20_ae245fc4-a41e-45cd-8610-d92d84415a9a.html

Regulatory Filings

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Veidekke ASA: To extend lower secondary school in Bærum

Veidekke ASA: To extend lower secondary school in Bærum

After a concluded interaction phase, Veidekke has signed a contract with Bærum

municipality to build a new building and rehabilitate the current buildings at

Bekkestua lower secondary school. This is a design and build construction

contract valued at NOK 182 million, excluding VAT.

The school is to be extended from five to ten parallel classes with room for 900

lower secondary school pupils. The existing buildings are to be upgraded and

their functions will be extended. The contract also comprises a new three-storey

school building that will accommodate classrooms and associated support

functions such as changing rooms, group rooms and common rooms. The new build

will be linked to the current school building by a connecting building with

bridges across two floors that will establish a spacious main entrance to the

school.

"We're looking forward to embarking upon another interesting school project for

Bærum municipality. Following a constructive and solution-oriented interaction

phase, we are now ready to start construction work and build an attractive and

modern school building to the delight of pupils, teachers and employees," says

Erik Økland, who is head of department for public building projects with

Veidekke Bygg Oslo.

Building is scheduled to start in June with completion in December 2021.

For more information, contact:

Department Manager Erik Økland, tel. +47 95 05 13 65, [email protected]

Communications Manager Helge Dieset, tel. +47 90 55 33 22,

[email protected]

Veidekke's press photos (https://veidekke.fotoware.cloud/fotoweb/archives/5028

-Pressebilder-Veidekke/)

Subscribe to notices from Veidekke (http://veidekke.com/no/borsmeldinger/abonner

-pa-meldinger/)

Veidekke is one of Scandinavia's largest construction and property development

companies. The company undertakes all types of building construction and civil

engineering contracts, develops residential projects, maintains roads, and

produces asphalt and aggregates. The company is known for its engagement and

local knowledge. Annual turnover is approximately NOK 39 billion and around half

of its 8600 employees own shares in the company. Veidekke is listed on the Oslo

Stock Exchange and has always posted a profit since it was founded in 1936.

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