Mandatory notification of trade - Svein-Tore Holsether

Svein-Tore Hosether, Executive Vice President M&A in Orkla ASA has, on 11 February 2011, bought 8,700 shares in Orkla ASA at an average price of NOK 52.05 per share.

Following this transaction, Svein-Tore Holsether and related parties hold a total of 17,718 shares and 150,000 options in Orkla ASA.

Orkla ASA,
Oslo, 14 February 2011

Contact, Orkla Investor Relations:
Siv M. Skorpen Brekke
Tel.: +47 22 54 44 55

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