Mandatory notification of trade - employee shares 2010
We refer to the notice to the Oslo Stock Exchange dated 1 November 2010 regarding Orkla's offer to its employees to buy Orkla-shares. Today, on 9 December 2010, Orkla transferred 1,525,490 Orkla-shares to its employees.
After this transaction Orkla owns 7 522 325 Orkla-shares.
The total number of options issued in Orkla shares is
20,652, 000.
In addition Orkla has a hedge through a cash-settled financial derivative of 600,000 underlying shares related to the option programmes.
Orkla ASA
Oslo, 9 December 2010
Contact Orkla Investor Relations:
Rune Helland, Tel: +47 2254 4411
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)