Orkla ASA : Mandatory notification of trade - employee shares 2011

We refer to the notice to the Oslo Stock Exchange dated 1 November 2011 regarding Orkla's offer to its employees to buy Orkla-shares. Today, on 8 December 2011, Orkla transferred 1,423,381 Orkla-shares to its employees.
After this transaction Orkla owns 8,922,368 Orkla-shares. 
The total number of options issued in Orkla shares is 24,516,500. In addition Orkla has a hedge through a cash-settled financial derivative of 600,000 underlying shares related to the option programmes.

Orkla ASA
Oslo, 8 December 2011

Contact Orkla Investor Relations:
Siv Merethe S. Brekke, Tel: +47 930 56093

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