ORK - Sale of K-shares in Oyj Hartwall Abp

19.11.2001: Orkla ASA with subsidiaries owns 12,535,700 A-shares and 1,500,000 K-shares in Oyj Hartwall Abp.

Orkla has agreed to sell 1,500,000 K shares, equivalent to 14.5% of the total votes and 2.3% of total share capital, in Oyj Hartwall Abp to Hartwall-Bolagen AB.

As a result of this sale, the shareholder agreement between Orkla and Hartwall-Bolagen, which includes the pre-emptive right to purchase shares, is now terminated.

The sale is being effected in partial fulfilment of the Finnish competition authorities' conditions for approval of the establishment of Carlsberg Breweries.