Veidekke ASA : Veidekke ASA: New President and CEO takes on responsibilities in Veidekke

 Veidekke ASA : Veidekke ASA: New President and CEO takes on responsibilities
                                 in Veidekke

    As previously announced, as of today, Arne Giske (56) is President and CEO
    of Veidekke, following Terje R. Venold. The new corporate management team
    has also been finalized, but the last two members assume their positions
    on 1 September.

Besides Arne Giske, Veidekke's new corporate management team consists of:

  oDag Andresen (51), who will continue as Executive Vice President with
    responsibility for Veidekke Entreprenør AS
  oJørgen Wiese Porsmyr (41), Executive Vice President with responsibility
    for Veidekke Industri AS and Veidekke Eiendom AS, actingCFOuntil 1
  oPer-Ingemar Persson (57), who continues as Executive Vice President and
    head of the building and construction units in Sweden and Denmark, and
    takes on responsibility for Sweden as a whole as Veidekke Bostad AB comes
    under his area of responsibility
  oTerje Larsen (52), Executive Vice President, CFO and responsible for IT,
    Procurement and Strategy (takes up position on 1 September)
  oHege Schøyen Dillner (45), Executive Vice President, with responsibility
    for HR, HSE and the environment as well as Communications and Legal (takes
    up position on 1 September)

For more information, please contact:
President and CEO Arne Giske, phone +47 905 89 526,
SVP Communications Grete Nykkelmo, phone +47 913 11 000,

Veidekke is one of Scandinavia's leading contractors and property developers
with a turnover of NOK 20 billion (2012) and 6,300 employees. Activities
include building and construction projects, residential developments, asphalt
plants, gravel and crushed stone, and road services. Our values are
professional, honest, enthusiastic and pioneering. 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% of the Group's shares between
them. The company is listed on the Oslo Stock Exchange and has never declared
a loss 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 Thomson Reuters on behalf of Thomson
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information contained therein.

Source: Veidekke ASA via Thomson Reuters ONE
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