Reference is made to the stock exchange notice of 31 August 2011 regarding Orkla's offer to purchase A shares in Jotun AS. Orkla has today received notice from Odd Gleditsch d.y. that members of the Gleditsch family, representing in total 53.7% of the share capital of Jotun, have decided not to accept Orkla's offer for the A shares.

Orkla ASA

Oslo, 8 september 2011

Ref.:

Senior VP Corporate Communications and Public Affairs

Johan Chr. Hovland

Telephone +47 22 54 44 86/+47 917 63 491

Senior VP Investor Relations

Rune Helland

Telephone +47 22 54 44 11

VP Investor Relations

Siv M. Skorpen Brekke

Telephone +47 22 54 44 55/+47 930 56 093

 

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