Orkla ASA : Disclosure requirement - Kverneland ASA

Orkla ASA has sold 1.500.000 shares in Kverneland and after this transaction owns 6.914.270 shares which represents 4.48 % of the share capital.

 Orkla ASA,

Oslo, 21. December 2011

Reference:

Rune Helland, SVP Orkla Investor Relations, Tel: +47 977 13250

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