Orkla ASA: Mandatory notification of trade - options

On 25 February, in connection with Orkla's former management option programme, 110,000 options in Orkla-shares were exercised.

85,000 options were exercised at a strike price of NOK 38.88 per share and 25,000 options were exercised at a strike price of NOK 39.86 per share.

The transactions comprise primary insider Atle Vidar Nagel-Johansen, Executive Vice President and CEO Orkla Foods. Nagel-Johansen exercised 60,000 options at a strike price of NOK 38.88 per share of which 55,000 shares were sold at a price of NOK 60.6596 per share. After this transaction, Nagel-Johansen and close associates own 16,905 shares and 70,000 options in Orkla.

After this transaction, the total number of options issued in Orkla shares under the management option programme is now 5,608,000. Orkla owns 442,903 treasury shares.

Orkla ASA

Oslo, 26 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)