Orkla ASA has acquired 957,732 shares in Scandinavian Property Development. After this transaction Orkla owns 8,954,880 shares in Scandinavian Property Development, which represents 11.19 % of the share capital.

  

Orkla ASA

Oslo, 5. February 2008

Contact:

Rune Helland, SVP Investor Relations, Tel: +47 2254 4411