DISTRIBUTION OF PROFIT FOR THE YEAR

The financial statements for the parent company, Veidekke ASA, show a profit of MNOK 342.5 (MNOK 654.4). The Board of Directors will propose to the Annual General Meeting on 5 May 2010, that profit be distributed as follows:

   MNOK
Allocated to dividend  334.3
Transferred to other equity 8.,2
Profit for the year 342.5

The parent company’s distributable reserves amount to 844 MNOK.

Continued operations

In accordance with Section 3-3 of the Accounting Act, the Board of Directors confirms that the company has a basis for continued operations. The going concern assumption has therefore been applied in preparing the financial statements for 2009.