Orkla and Carlsberg form global beer company

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ORKLA AND CARLSBERG FORM GLOBAL BEER COMPANY According to the press bulletin released today by Orkla, the Norwegian Orkla and Danish Carlsberg have decided to form a new global beer company called Carlsberg Breweries. When this transaction has been finalised, 60% of Carlsberg Breweries will be owned by Carlsberg and 40% by Orkla. The new company will consist of all Carlsberg's beer activities and the activities of the Swedish-Norwegian beer and soft drinks company Pripps Ringnes, owned by Orkla including Pipps Ringnes' 50% stake in Baltic Beverages Holding AB (BBH). The other 50% stake of BBH is owned by Oyj Hartwall Abp. This agreement is valid on the first of July 2000. Orkla has announced to keep its 20,38 % ownership of Hartwall shares. This new ownership arrangement has no effect on the operations of Oyj Hartwall Abp or Baltic Beverages Holding AB. Sent by: OYJ HARTWALL ABP Marie-Louise Wiklund Corporate Communications Manager tel. +358 (0)9 540 2440 fax +358 (0)9 540 2528 marie-louise.wiklund@hartwall.fi Distribution: Helsinki Exchanges principal media http://www.hartwall.fi ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/05/31/20000531BIT00770/bit0001.doc http://www.bit.se/bitonline/2000/05/31/20000531BIT00770/bit0002.pdf

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