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Veidekke ASA: To build sewage treatment plant for Os municipality

Yesterday Veidekke Entreprenør signed a contract to carry out the ground and
blasting works for the new main sewage treatment plan in Os municipality. The
value of the contract is NOK 112 million excluding VAT.

The contract includes blasting access, a cavern and a discharge tunnel
totalling around 100,000 cubic metres of rock. Veidekke will additionally
carry out ground works such as earth moving and levelling, and establish
infrastructure such as trenches and water and drainage facilities at Ytre
Moberg and in Greidalen.

"This is an important project for Veidekke. In the current tough climate it is
good to demonstrate that we once again are competitive in everything from
major complex transport projects such as the E-39 road, to more basic rock
blasting jobs such as this. Dialogue with Os municipality indicates
constructive and good cooperation, and we look forward to starting work,"
says project manager Jostein Veåsen of Veidekke.

Work will commence in October and is slated for completion by February 2017.

The contract is included in Veidekke's order backlog for Q2.

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

Project manager Jostein Veåsen, tel. +47 93 00 28

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

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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
almost 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.


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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