Selvaag Bolig ASA

Notice of Dividend Amount • Oct 6, 2015

Selvaag Bolig ASA: Ex dividend

Selvaag Bolig ASA: Ex dividend

The shares in Selvaag Bolig ASA will trade ex dividend NOK 0.70 as from

Wednesday 7 October 2015.

The dividend will be paid no earlier than 15 October 2015.

Further information from

Kristoffer Gregersen, vice president communications, 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 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.

[HUG#1957060]