Veidekke — Regulatory Filings 2015

Oct 13, 2015

Veidekke ASA: To build a hospital in Stockholm

Veidekke ASA: To build a hospital in Stockholm

Veidekke's Swedish subsidiary Arcona has been awarded the contract by Stockholm

County Council to build an environmentally certified health-care building of

18,600 m(2) at Stockholm South General Hospital - Södersjukhuset. This is a

turnkey contract valued at SEK 425 million, excluding VAT.

The project is part of the major remodelling of Södersjukhuset Hospital that

will provide new and modern health-care facilities for the Stockholm area's

growing and ageing population. The new building will be able to accommodate 159

patients in single rooms, increasing the hospital's annual capacity by some

5,000 beds.

The goal is that the building will be certified according to the Sweden Green

Building Council (Miljøbyggnad)'s Gold standard. This sets stringent

requirements regarding energy consumption, indoor environment and use of

materials. In addition, the design of the premises will focus on patient safety,

flexibility and the working environment.

One challenge in this project is coordination of the various deliveries to the

building with the hospital's ordinary operations and other construction projects

in progress nearby. It is therefore being planned using Arcona's logistics

system Construction Supply Logistics (CSL), which ensures that all transport to

and from the construction site is coordinated and takes place with high

precision.

The planning work is starting in October, and the entire project is scheduled to

be completed in June 2018.

For press photos, see www.flickr.com/photos/veidekke, for more information,

contact:

Project Head Anders Rauge of Arcona, tel. +46 8 601 21 75,

anders.rauge@arcona.se

Communications Manager Helge Dieset of Veidekke, tel. +47 90 55 33 22,

helge.dieset@veidekke.no

Subscribe to notices from Veidekke

Veidekke is one of Scandinavia's largest construction and property development

companies. The company undertakes all types of construction and civil

engineering contracts, maintains roads, and produces asphalt and aggregates. The

company is characterised by involvement and local knowledge. Revenue is NOK 24

billion (2014), and half of the 6,400 employees own shares in the company.

Veidekke is listed on the Oslo Stock Exchange and has always posted a profit

since it was founded in 1936.

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1958508]