Selvaag Bolig ASA

Selvaag Bolig ASA: Notifiable trades for primary insiders

The following primary insiders acquired a total of 580 050 Selvaag Bolig shares

and sold a total of 17 000 Selvaag Bolig shares on 15 February.

The trades were in accord with the company's share purchase and share saving

programmes.

The shares had a purchase price of NOK 34.76 and NOK 40.10 per share

respectively. The employees were given a compensation on the purchase price of

30 and 20 per cent respectively for the decrease in share value resulting from

the lock-up periods of 3 and 2 years respectively.

The price for the shares sold was NOK 39.70 per share.

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

After the transaction, Selvaag Bolig owns 521 319 treasury shares.

Number of shares:

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

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

|Baard Schumann, | 211 230| 268 148| 1 559| 0| 480 937|

|CEO | | | | | |

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

|Sverre Molvik, CFO| 87 390 | 82 191| 1 559|-17 000| 154 140|

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

|Halvard Kverne, | 70 390| 82 191| 1 559| 0| 154 140|

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

|Øystein Klungland,| 67 839| 82 191| 0| 0| 150 030|

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

|Kristoffer | 19 511| 49 315| 1 559| 0| 70 385|

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

|Petter Cedell, | 6 309| 8 219| 1 559| 0| 16 087|

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

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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