Mandatory notification of trade - Shares for Employees 2008

Reference is made to the stock exchange release of 5 November 2008 regarding Shares for Employees 2008.
 
The buying price, and thereby the number of shares acquired by primary insiders, was fixed on the basis of the closing price of the Orkla share on 12 November 2008. The buying price was thus set at NOK 31.69 per share, including a 25 % discount.
 
Information about the number of shares acquired by primary insiders, as well as their new holdings, is attached to this message.
 
Orkla ASA,
Oslo, 13 November 2008
 
Contacts:
Rune Helland, SVP Orkla Investor Relations
Tel.: +47 225 44411
 
Lars Røsæg, Orkla Investor Relations
Tel.: +47 225 44426