Øystein Klungland, Executive vice president for Greater Oslo, has sold 86 032
shares at a price of NOK 64.9985 per share. Following this transaction,
Klungland owns 276 640 shares in Selvaag Bolig ASA.

Kristoffer Gregersen, Executive vice president communications and market, has
sold 49 315 shares at a price of NOK 64.9985 per share. Following this
transaction, Gregersen owns 133 395 shares in Selvaag Bolig ASA.

Havard Kverne, Executive vice president regions, has sold 157 981 shares at a
price of NOK 64.9985 per share. Following this transaction, Kverne owns 255 831
shares in Selvaag Bolig ASA.

Sverre Molvik, CFO, has sold 157 981 shares at a price of NOK 64.9985 per share.
Following this transaction, Molvik owns 276 640 shares in Selvaag Bolig ASA.

Petter Cedell, Executive vice president property investment, has sold 16 087
shares at a price of NOK 64.9985 per share. Following this transaction, Cedell
owns 56 159 shares in Selvaag Bolig ASA.

Mats Tveit, Economy and administration manager, has sold 10 000 shares at a
price of NOK 64.9985 per share. Following this transaction, Tveit owns 19 166
shares in Selvaag Bolig ASA.

Marianne Ørnsrud, Deputy director (elected by the employees), has sold 6 500
shares at a price of NOK 66.1323 per share. Following this transaction, Ørnsrud
owns 7 030 shares in Selvaag Bolig ASA.


The shares traded were acquired through the comany's share purchase programme
for senior executives, and have been sold after the expiry of the lock-up
period.

Further information from
Kristoffer Gregersen, vice president communications and marketing, Selvaag Bolig
ASA
Telephone: +47 957 75 593, e-mail: kgr@selvaagbolig.no

Selvaag Bolig ASA is a residential property developer controlling the entire
value chain from acquisition of land to sale of homes. The company has several
thousand homes under development at any given time, and focuses on the growth
areas in and around Greater Oslo, Bergen, Stavanger and Trondheim. Selvaag Bolig
represents a continuation of Selvaag's 70-year history and experience, and
offers a broad variety of property types. The company is headquartered at Ullern
in Oslo.

www.selvaagboligasa.no/english


This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

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