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2015-10-13

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 m2at 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, seewww.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

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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.

Illustration Sodersjukhuset
http://hugin.info/172/R/1958508/713708.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

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