Selvaag Bolig ASA

Selvaag Bolig ASA: Mandatory notification of trades by primary insiders

Øystein Klungland, executive vice president for Greater Oslo, has sold 67 839

shares at a price of NOK 45.056 per share. Following this transaction, Klungland

owns 284 277 shares in Selvaag Bolig ASA.

Kristoffer Gregersen, executive vice president for communications and market,

has sold xxx shares at a price of NOK 45.056 per share. Following this

transaction, Gregersen owns 148 375 shares in Selvaag Bolig ASA.

The shares traded were acquired through the comany's share purchase programme

for senior executives, and have been sold after the expiry of the lock-up

period.

Further information from

Kristoffer Gregersen, vice president communications and marketing, Selvaag Bolig

ASA

Telephone: +47 957 75 593, 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 70-year history and experience, and

offers a broad variety of property types. The company is headquartered at Ullern

in Oslo.

www.selvaagboligasa.no/english

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

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