Veidekke - Share Issue/Capital Change 2015

Contemplated sale of shares in Veidekke ASA

OBOS BBL ("OBOS") has retained Arctic Securities AS

as manager and bookrunner (the "Manager") to explore

the sale of between 6,000,000 and 7,000,000 shares in

Veidekke ASA ("VEI" or the "Company") through an

accelerated bookbuilding process (the "Placement").

The Placement represents up to approximately 5.2 per

cent of the outstanding shares in VEI, and assuming

all shares offered in the Placement are sold, OBOS

will hold 23,769,440 shares equal to approximately

17.8 per cent of the share capital in the Company.

OBOS is committed to continue to be a significant and

strategic long-term owner and represented on the

Board of VEI.

The bookbuilding will commence today, 15 September

2015, at 16:30 CET, and will close no later than 16

September 2015, at 08:00 CET. The bookbuilding period

can be closed earlier or extended at the Manager's

own discretion.

OBOS is represented on the Board of Directors of VEI

by Martin Mæland, the CEO of OBOS, who acts as Non-

executive Director and Chairman of the Board.

AI assistant