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2014-04-29

Veidekke ASA: To build production plant in Gothenburg

Veidekke Entreprenad has been awarded the contract to develop and build a new
production plant and office premises for Rosemount Tank Radar AB in Mölnlycke
industrial park in Gothenburg. This is be a turnkey contract valued at SEK
200 million, excluding VAT.

Veidekke will build an office building and production building that will be
linked, with a total floor area of 17,000 m2. The project has been named "RTR
New Facility," and 400 employees of Rosemount Tank Radar (RTR) will have
their workplace here when construction is completed in early 2016.

"Since the autumn we have cooperated closely with RTR on developing a
cost-efficient office and production plant that is tailored to their
requirements. We are looking forward to getting started with construction,"
says Christer Sjöstrand, business developer with Veidekke Bygg Väst.

For more information please contact:
Christer Sjöstrand, business developer, Veidekke Bygg Väst, tel. +46 76 126 40
16,christer.sjostrand@veidekke.se

Stephan Woodbridge, regional manager, Veidekke Bygg Väst, tel. +46 70 581 97
20,stephan.woodbridge@veidekke.se

Helge Dieset, Communications Manager 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 Rosemount project
http://hugin.info/172/R/1781157/609249.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#1781157

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