Selvaag Bolig ASA

Selvaag Bolig ASA: Notifiable trades for primary insiders

The following primary insiders acquired a total of 6 165 Selvaag Bolig shares on

17 February.

The trades were in accord with the company's purchase programme.

The shares had a purchace price of NOK 34.76. The employees were given a

compensation on the purchase price of 30 for the decrease in share value

resulting from the lock-up period of 3 years.

The shares will be transferred from the company's holding of treasury shares.

After the transaction, Selvaag Bolig owns 515 154 treasury shares.

Number of shares:

+----------------+-------------+--------------+--------------+-----+-----------+

+----------------+-------------+--------------+--------------+-----+-----------+

|Sverre Molvik, | 154 140| 2 055| -| -| 156 195|

|CFO | | | | | |

+----------------+-------------+--------------+--------------+-----+-----------+

|Halvard Kverne, | 154 140| 2 055| -| -| 156 195|

+----------------+-------------+--------------+--------------+-----+-----------+

|Øystein | 150 030| 2 055| -| -| 152 085|

+----------------+-------------+--------------+--------------+-----+-----------+

Further information from

Sverre Molvik, CFO, Selvaag Bolig ASA

Telephone: +47 401 00 585, 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 60-year history and experience, and

offers a broad variety of property types marketed under the brand names Start,

Hjem and Pluss. 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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