Statement from the Board of Directors

We confirm that the financial statements for the period 1 January up to and including 31 December 2011, to the best of our knowledge, have been prepared in accordance with applicable accounting standards and give a true and fair view of the assets, liabilities, financial position and profit or loss of the company and the Group as a whole, and that the Board of Directors’ report includes a fair review of the development and performance of the business and the position of the company and the Group as a whole, together with a description of the principal risks and uncertainties that they face.

Oslo, 8 February 2012
The Board of Directors of Orkla ASA

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