Changes in the Orkla Group organisation

EVP Business Development and M&A, Svein Tore Holsether, will as of today also assume responsibility for Orkla's Investment Portfolio (Share Portfolio) and Orkla Real Estate.

Orkla's Investment Portfolio (Share Portfolio) will continue to play a vital part in Orkla's strategy, through its dual goal of generating excess return vs. relevant benchmarks and developing industrial options for the Orkla Group.

Orkla ASA
Oslo, 29 March 2011


Johan Chr. Hovland
SVP Corporate Communications and Public Affairs, Orkla ASA
Tel.: +47 91 76 34 91

Rune Helland
SVP Orkla Investor Relations
Tel.: +47 22 544411

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)