ORK - Presentation of Q1 results 8 May 2002

Presentation of Q1 results - Streaming and conference call
Orkla will report Q1 results on Wednesday 8 May 2002. The results will be available at 7.30 a.m. Norwegian time, and will be presented to investors and analysts in the following ways:

1) Material
PowerPoint-presentation, spreadsheets and quarterly report will be available on Orkla's Internet pages www.orkla.com shortly after 7.30 a.m. Norwegian time.

2) Streaming - in Norwegian
Both the presentation that takes place in Oslo at 9.00 a.m. Norwegian time and the following Q&A-session will be given in Norwegian and streamed directly to Orkla's Internet pages www.orkla.no. CEO Finn Jebsen will give the presentation.

3) Speaker's notes in English
The speaker's notes will be translated to English and published on www.orkla.com shortly after the presentation in Oslo is finished.

4) Telephone conference call - in English
The telephone conference call starts at 3.00 p.m. Norwegian time. A summary (10-15 minutes) of the presentation will be given before the Q&A-session commences.

Investors and analysts who wish to participate should call +47 23 000 400 and ask the operator for the Orkla presentation. Norwegian-based investors and analysts should dial 800 80 119. Please state your name and company. Press * followed by 1 to queue up for questions. Press * followed by 0 to contact the operator.

A recording of the telephone conference will be available for two weeks.
To access replay of the conference call, dial +47-22769121
Account number: 1141 followed by # (pound-sign)
Press 1
Conference number: 141 followed by # (pound-sign)
Press 1 to play