Veidekke has been awarded the contract by Solon Eiendom to build 80 holiday
apartments in Fjellandsbyen Hemsedal at the foot of Hemsedal skiing centre. The
new contract is a design and build contract valued at NOK 202 million excluding
VAT.

The 80 apartments ranging in size from approximately 30 m[2] to 117 m[2] will be
built in a five storey building above existing underground parking. In addition
to a large communal roof terrace, there will be a fitness and activity room and
commercial premises on the ground floor. An outdoor square will also be built
for common activities at the centre of the structure, designed for "ski in and
ski out." The project will be provided with hot water and waterborne heating
from eco-friendly district heating.

"We are already well underway with building the first stage of 48 holiday
apartments that we started in May 2021. We are therefore both proud and pleased
that we can take part in the second construction stage, so that we can keep up
the good partnership we already have with Solon Eiendom," says Department
Manager Geir-Ole Nilstad with Veidekke Bygg Hallingdal.

Construction work will start in May, learn more about the project at
www.fjellandsbyen.no

For more information please contact:
Geir-Ole Nilstad, Department Manager Veidekke Bygg Hallingdal, tel. 41 40 10 39,
geir-ole.nilstad@veidekke.no
Helge Dieset, Communications Manager of Veidekke, tel. +47 90 55 33 22,
helge.dieset@veidekke.no
Torgils Kvam, project supervisor with Solon Eiendom, tel. 90 20 68 30,
tk@soloneiendom.no

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Veidekke is one of Scandinavia's largest contractors. The company undertakes all
types of construction and civil engineering contracts, maintains roads, and
produces asphalt and aggregates. Veidekke emphasises stakeholder involvement and
local experience. Its annual turnover is approx. NOK 38 billion, and around half
of its 8,100 employees own shares in the company. Veidekke is listed on the Oslo
Stock Exchange, and has posted a profit every year since its inception in 1936.

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