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Orkla's offer for A shares in Jotun will not be completed

The acceptance period set out in Orkla's offer to shareholders of A shares in Jotun of 31 August 2011 expired on 30 September 2011 at 5.30 pm.

The condition regarding acceptance threshold of 50 per cent of the votes in Jotun is not fulfilled. Consequently, the offer will not be completed.

Orkla ASA
Oslo, 3 October 2011
 
Contact:
 
SVP Investor Relations
Rune Helland
Tel: +47 22 54 44 11
 
VP Investor Relations
Siv M. Skorpen Brekke
Tel: +47 22 54 44 55/ +47 930 56 093