Mandatory notification of trade - options

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On 14 December 2010, in connection with Orkla`s option programme, 67,500 options at NOK 40.14.

After this transaction, the total number of options issued in Orkla shares is now 20,404,500. In addition Orkla has a hedge through a cash-settled financial derivative of 600,000 underlying shares related to the option programmes.

Orkla owns 7,274,825 treasury shares.

Orkla ASA

Oslo, 14 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)