Orkla ASA : Trade subject to notification - Shares for Employees 2011

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Reference is made to the stock exchange release of 1 November 2011 regarding Shares for Employees 2011.

The buying price, and thereby the number of shares acquired by primary insiders, was fixed on the basis of the closing price of the Orkla share on 4 November 2011. The buying price was thus set at NOK 30.45 per share, including a 30% discount.

Information about the number of shares acquired by primary insiders, as well as their new holdings, is attached to this message.

Orkla ASA,
Oslo, 7 November 2011

Contact Orkla Investor Relations:
Siv Merethe S. Brekke
Tel.: +47 930 56093
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)