On 31 May 2010, the last day of the exercise period, President and CEO Dag J. Opedal exercised 250,000 options to strike price of NOK 26.60. The shares were sold in the market at a price of NOK 45.12 per share.
Following this transaction, Mr Opedal and related parties hold 342,173 shares and 1,200,000 options in Orkla ASA.
After this transaction, the total number of options issued in Orkla shares is 20,922,000. In addition Orkla has a hedge through a cash-settled financial derivative of 600,000 underlying shares related to the option programmes.
Orkla own 9,317,815 treasury shares.
Oslo, 1 June 2010
For further information contact Orkla Investor Relations:
Rune Helland, Tel: +47 2254 4411