Selvaag Bolig ASA

Transaction in Own Shares • Dec 10, 2019

Selvaag Bolig ASA: Notifiable trades for primary insiders

Selvaag Bolig ASA: Notifiable trades for primary insiders

A total of 66 Selvaag Bolig employees have purchased 492 693 shares through the

company's share-saving programme and purchase programme for selected senior

executives. The shares had a purchase price of NOK 63.16 per share

A total of 83 employees were offered the opportunity to buy shares worth up to

NOK 200 000 through the company's share-saving programme. The offer included a

discount of 20 per cent on the shares as well as financing assistance. The lock

-up period is two years.

Six senior executives were offered the opportunity to acquire shares worth up to

one year's salary through the company's share purchase programme. The offer

included a discount of 30 per cent. The lock-up period is tree years.

The subscription period ran from 2 December - 6 December. The shares will be

transferred from the company's holding of own shares. Subsequent to the purchase

Selvaag Bolig holds 344 375 own shares.

The following primary insiders have purchased shares:

Share purchase programme (tree year lock up period and 30 per cent discount)

Rolf Thorsen, CEO, purchased 75 725 shares and now holds 75 725 shares.

Sverre Molvik, CFO, purchased 78 395 shares and now holds 434 621 shares.

Øystein Klungland, Vice president Greater Oslo, purchased 78 395 shares and now

holds 362 672 shares.

Halvard Kverne, Vice president Regions, purchased 57 586 shares and now holds

413 812 shares.

Kristoffer Gregersen, Vice president Communications and Market, purchased 34 335

shares and now holds 182 710 shares.

Petter Cedell, Vice president Property Investment, purchased 22 618 shares and

now holds 72 246 shares.

Share-saving programme (two year lock up period and 20 per cent discount)

Sissel Kristensen, director (elected by the employees), purchased 3 958 shares

and now holds 3 958 shares.

Christopher Brunvoll, deputy director (elected by the employees), purchased 3

958 shares and now holds 26 916 shares.

Magnus Kristiansen, chief group accountant, purchased 3 958 shares and now holds

19 349 shares.

Rune Magnus Thomassen, director (elected by the employees), purchased 3 958

shares and now holds 22 916 shares.

Marianne Ørnsrud, deputy director (elected by the employees), purchased 2 968

shares and now holds 13 530 shares.

Mats Tveit, economy and administration manager, purchased 3 958 shares and now

holds 29 166 shares.

Further information from

Rolf Thorsen, CEO, Selvaag Bolig ASA

Telephone: +47 901 19 373, e-mail: rt@selvaagbolig.no

Sverre Molvik, CFO, Selvaag Bolig ASA

Telephone: +47 401 00 585, e-mail: smo@selvaagbolig.no

Kristoffer Gregersen, vice president communications and market, Selvaag Bolig

ASA

Telephone: +47 957 75 593, e-mail: kgr@selvaagbolig.no

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/en

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

-12 of the Norwegian Securities Trading Act.