Dividend

It is Veidekke's aim to distribute a high dividend. Veidekke's dividend policy establishes that the distributed dividend shall represent at least 50 per cent of the company's profit for the year.

The Annual General Meeting approved a dividend of NOK 2.75 per share on the 10 May 2012. The shares was traded ex dividend on 11 May 2012. On the basis of the Annual General Meetings' decision of dividends, the dividend will be paid on 24 May 2012 to shareholders.

Dividend Approved

Payment Date

Dividend

Financial Year

11.05.2012

24.05.2012

2.75

2011

05.05.2011

20.05.2011

2.50

2010

05.05.2010

20.05.2010

2.50

2009

07.05.2009

20.05.2009

2.50

2008

07.05.2008

20.05.2008

4.00

2007

08.05.2007

21.05.2007

13.00

2006

08.05.2006

19.05.2006

10.00

2005

17.11.2005

06.12.2005

12.00*

2004

27.04.2005

18.05.2004

6.00

2004

28.04.2004

19.05.2004

3.50

2003

08.05.2003

27.05.2003

3.50

2002

07.05.2002

28.05.2002

2.00

2001

03.05.2001

23.05.2001

2.00

2000

03.05.2000

24.05.2000**

2.75

1999

28.04.1999

20.05.1999**

2.50

1998

28.04.1998

20.05.1998***

2,38

1997

* Extraordinary dividend

** Adjusted for share split March 2000

*** Adjusted for share split March 2000 and April 1998

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