Flagging - Proxies for annual general meeting 2008

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In connection with this year's ordinary annual general meeting, as at 22 April 2008, Stein Erik Hagen, chair of the Board of Directors in Orkla ASA, has been assigned voting rights based on proxies for 19.721.479 shares in Orkla ASA. The proxies apply exclusively to this year's ordinary annual general meeting in Orkla ASA. This entails that Stein Erik Hagen and closely related parties collectively hold a total of 25 per cent of the votes in Orkla, of which 1.9 per cent as voting rights based on proxies and 23.1 per cent through closely related party companies: Canica AS, Tvist 5 AS, Stein Erik Hagen AS, Fresje AS and Treschow-Fritzøe AS.

Orkla ASA
Oslo, 22 April 2008
 
Contact:
Rune Helland, SVP Investor Relations,
Tel.: +47 22 54 44 11
 
Lars Røsæg, Investor Relations,
Tel: +47 22 54 44 26

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