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2014-04-08

Veidekke ASA: To build Helsehuset in Haugesund

Veidekke Entreprenør has signed a contract with Helsehuset Haugesund AS to
build a large, new commercial building in the centre of Haugesund. The
building will combine retail and office premises as well as flats, and will
mainly house health-related undertakings.
This will be a turnkey contract valued at NOK 175 million, excluding VAT.

The total floor space of the building will be approximately 10,500 m2. Apart
from health-related undertakings, the building will have retail space on the
ground floor and basement parking. The building will be on bedrock with
partly load-bearing concrete element external walls, prefabricated columns
and beams and hollow floor elements. Lift and ventilation shafts and
stairwells will be in concrete elements to provide reinforcement. Some outer
walls will be of timber with plaster and sheet metal cladding

Tenants in the building will include Privatsykehuset Haugesund, Haugesund
Medisinske Senter, Øyenlegevirksomheten Vismed AS and Haugesund municipality
with sheltered accommodation over two storeys. The principal is Helsehuset
Haugesund AS and is a newly-established company owned by Caiano Eiendom AS,
TJRS AS, Vismed AS, Privatsykehuset Haugesund AS, MRSA AS, Nokus AS, Shannon
Invest AS and Laastad Invest AS.

Construction has commenced, and the building is to be completed in September
2015.

For more information please contact:

District Manager Ove Nedrebø, Veidekke Entreprenør AS, tel. +47 95 70 29
06,ove.nedrebo@veidekke.no

Head of department Lars Vestvik, Veidekke Entreprenør AS, tel +47 48 15 11
81,lars.vestvik@veidekke.no

Communications Manager Helge Dieset, Veidekke ASA, tel. +47 90 55 33
22,helge.dieset@veidekke.no

Veidekke is one of Scandinavia's leading contractors and property developers
with a turnover of NOK 21 billion (2013) and 6,300 employees. Activities
include building and construction projects, residential developments, asphalt
plants, gravel and aggregates, and road services. Our values are
professional, honest, enthusiastic and ground-breaking. Our goals for health,
safety and the environment, HSE, have equal status with our financial goals.
Veidekke is characterised by a strong corporate culture with employee
involvement and co-ownership as important cornerstones. More than half of the
employees are co-owners, holding around 20 per cent of the Group's shares
between them. The company 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.

Illustration Helsehuset
http://hugin.info/172/R/1775601/605562.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Veidekke ASA via Globenewswire

HUG#1775601

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