Trade subject to notification - Shares for Employees 2012

Employees in 25 countries have been offered the opportunity to buy Orkla shares at a discount, for the amount of NOK 1 000, NOK 4 000, NOK 12 000, NOK 20 000 or NOK 28 000. The purchase price will be set at Orkla's closing price on 8 November 2012, minus 30 % discount.

The offer is valid from 1 - 8 November 2012. This programme was introduced in 1999.

The following primary insiders have bought shares in Orkla on 2 November 2012 (see attachment):

The purchase price and the number of shares acquired by the primary insiders, as well as their updated shareholdings, will be notified the Stock Exchange following the determination of the purchase price.

Orkla ASA
Oslo, 5 November 2012

Reference Orkla Human Resources:
Anette Auestad, Tel: +47 468 16 116