Selvaag Bolig ASA

Transaction in Own Shares • Dec 6, 2016

Selvaag Bolig ASA: Purchase of treasury shares

Selvaag Bolig ASA: Purchase of treasury shares

Selvaag Bolig ASA purchased 12 943 treasury shares on 5 December 2016. The

shares were purchased at an average price of NOK 39.86. The shares were

purchased for the company's share programmes for employees.

After the transaction, Selvaag Bolig owns 543 756 treasury shares.

Future share purchases to the company's share programmes will only be announced

at Oslo Børs' website www.newsweb.no

Further information from

Sverre Molvik, CFO, Selvaag Bolig ASA

Telephone: +47 401 00 585, e-mail: smo@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 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 of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.