Orkla ASA: Mandatory notification of trade - options

On 13 February, in connection with Orkla`s former management option programme, 160,000 options in Orkla-shares were exercised.

30,000 options were exercised at a strike price of NOK 38.88 per share, 90,000 options were exercised at a strike price of NOK 39.86 per share, and 40,000 options were exercised at a strike price of NOK 45.03 per share.

The transactions comprise primary insider Karl Otto Tveter, Chief of Group Functions and Group Director Legal Affairs. Tveter exercised 50,000 options at a strike price of NOK 39.86 per share of which 47,000 shares were sold at a price of NOK 59.2689 per share. After this transaction, Tveter and close associates own 40,092 shares and 100,000 options in Orkla.

After this transaction, the total number of options issued in Orkla shares under the management option programme is now 6,158,000. Orkla owns 897,903 treasury shares.

Orkla ASA

Oslo, 16 February 2015

Ref.:

Orkla ASA

Senior Vice President Investor Relations
Rune Helland
Tel.: +47 977 13 250

Investor Relations
Ane Bryn-Haugland
Tel.: +47 980 68 126

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