Norway's Supreme Court rejected Orkla's appeal in the tax dispute concerning realized convertible bonds issued by REC
Norway's Supreme Court has today rejected Orkla's appeal in the legal dispute concerning the taxation of a gain on subscription rights relating to convertible bonds issued by REC. The assessed tax already recognized in the profit and loss account was paid in 2009. The decision thus involves no further tax payments or accounting consequences for Orkla. Orkla ASAOslo, 8. December 2011 Contacts:Johan Chr. HovlandSVP Corporate Communications and Public Affairs, Orkla ASATel.: +47 91 76 34 91Rune Helland SVP Orkla Investor RelationsTel.: +47 22 544411 This