Selvaag Bolig ASA

Transaction in Own Shares • Dec 14, 2015

Selvaag Bolig ASA: Purchase of own shares

Selvaag Bolig ASA: Purchase of own shares

Selvaag Bolig purchased 12 423 of its own shares on 11

December 2015. The shares were purchased at an average price

of NOK 24.77. The shares were purchased for the company's

share programmes for employees.

After the transaction Selvaag Bolig holds 245 501 own

shares.

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.