Selvaag Bolig ASA

Selvaag Bolig ASA: Mandatory notification of trades by primary insiders

Øystein Klungland, Executive vice president for Greater Oslo, has sold 86 032

shares at a price of NOK 64.9985 per share. Following this transaction,

Klungland owns 276 640 shares in Selvaag Bolig ASA.

Kristoffer Gregersen, Executive vice president communications and market, has

sold 49 315 shares at a price of NOK 64.9985 per share. Following this

transaction, Gregersen owns 133 395 shares in Selvaag Bolig ASA.

Havard Kverne, Executive vice president regions, has sold 157 981 shares at a

price of NOK 64.9985 per share. Following this transaction, Kverne owns 255 831

shares in Selvaag Bolig ASA.

Sverre Molvik, CFO, has sold 157 981 shares at a price of NOK 64.9985 per share.

Following this transaction, Molvik owns 276 640 shares in Selvaag Bolig ASA.

Petter Cedell, Executive vice president property investment, has sold 16 087

shares at a price of NOK 64.9985 per share. Following this transaction, Cedell

owns 56 159 shares in Selvaag Bolig ASA.

Mats Tveit, Economy and administration manager, has sold 10 000 shares at a

price of NOK 64.9985 per share. Following this transaction, Tveit owns 19 166

shares in Selvaag Bolig ASA.

Marianne Ørnsrud, Deputy director (elected by the employees), has sold 6 500

shares at a price of NOK 66.1323 per share. Following this transaction, Ørnsrud

owns 7 030 shares in Selvaag Bolig ASA.

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

for senior executives, and have been sold after the expiry of the lock-up

period.

Further information from

Kristoffer Gregersen, vice president communications and marketing, Selvaag Bolig

ASA

Telephone: +47 957 75 593, 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, and

offers a broad variety of property types. The company is headquartered at Ullern

in Oslo.

www.selvaagboligasa.no/english

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

-12 of the Norwegian Securities Trading Act.

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