The offer document prepared in connection with Orkla’s public offer to the shareholders of Sapa is registered

THIS PRESS RELEASE IS NEITHER AN OFFER TO PURCHASE NOR A SOLICITATION OF AN OFFER TO SELL ANY SECURITIES. THIS PRESS RELEASE MAY NOT BE RELEASED, DISTRIBUTED, FORWARDED OR TRANSMITTED INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.

The offer document prepared in connection with Orkla ASA’s public offer – in accordance with the rules on mandatory bids – to the shareholders of Sapa (publ), is registered. The offer document may be obtained as of March 2, 2005, at Enskilda Securities AB, Nybrokajen 5, 103 36 Stockholm, Sweden and at Orkla ASA, Karenslyst allé 6, N-0213 Oslo, Norway. The prospectus will also be available on the Internet on www.enskilda.se and www.orkla.no. The prospectus will be sent to the shareholders in Sapa AB, starting from March 2, 2005. Oslo, February 28, 2005 Orkla ASA P.O. 423 Skøyen, N-0213 Oslo, Norway Tel: +47 22 54 40 00 Fax: +47 22 54 44 90 www.orkla.com ___________________________________________________________ Ref.: Rune Helland, Vice President, Investor Relations, Tel: +47 22 54 44 11 Ole Kristian Lunde, SVP Corporate Communications, Tel: +47 22 54 44 31 Date: February 28, 2005