Release of offer document Sapa

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The offer document is now registered with the Finansinspektionen, the Swedish Financial Supervisory Authority, and is available on Orkla's website at www.orkla.com. The offer period is from 2 March 2005 to 22 March 2005, both dates inclusive. The offer price is SEK 187 per share. Other conditions for the offer are set out in the offer document.

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