Mandatory notification of trade - employee shares 2010

We refer to the notice to the Oslo Stock Exchange dated 1 November 2010 regarding Orkla's offer to its employees to buy Orkla-shares. Today, on 9 December 2010, Orkla transferred 1,525,490 Orkla-shares to its employees.

After this transaction Orkla owns 7 522 325 Orkla-shares.  

The total number of options issued in Orkla shares is

 20,652, 000.

 In addition Orkla has a hedge through a cash-settled financial derivative of 600,000 underlying shares related to the option programmes.

 

 

Orkla ASA

 

Oslo, 9 December 2010


Contact Orkla Investor Relations:

Rune Helland, Tel: +47 2254 4411

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