Veidekke - Director's Dealing 2015

Veidekke ASA: Mandatory notification of trade - Shares purchased by employees in 2015

6,564 employees of Veidekke have received offers to purchase between 50 and

1,200 Veidekke shares each. The employees could choose between two alternatives:

Option A with 30 % discount and cash payment and option B with 20 % discount and

partial financing.

2,138 employees made use of the offer and subscribed a total of 1.17 million

shares during the subscription period from 4 to 13 November. However, there was

an oversubscription of 106 % and a reduction was done. After the reduction, the

employees were permitted to purchase between 50 and 455 shares each, and a total

of 0.57 million shares were allocated to the employees.

The purchasing prices were set at NOK 73.22 (option A) and NOK 83.68 (option B)

after a 30 % and 20 % discount respectively on the market price during the

subscription period. The shares are subject to a two-year lock-in period.

For years, Veidekke has worked to promote employee co-ownership in the company.

This year interest has been considerable, and 2,138 purchasers represent 33% of

those who received the offer. Corresponding figures for 2014 and 2013 were 32%

and 31%, respectively.

The purchases of primary insiders, as well as new holdings, are attached to this

report.

Contact persons:

Finance Consultant Heidi Hvidsten, tel. +47 91 54 04 65,

Assistant Financial Director Christopher M. Bjerke, tel. +47 99 58 18 02,

Communication Manager Helge Dieset, tel. +47 90 55 33 22,

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1966881]

AI assistant