Orkla's investment in Gorm's completed

In its press release of 13 March 2018, Orkla announced that it had entered into an agreement to invest in the Danish pizza restaurant chain Gorm's.

The transaction was completed today, and the company will be consolidated into Orkla's financial statements as from 1 April 2018.

Please find enclosed the press release issued 13 March 2018.

Orkla is a leading supplier of branded consumer goods and concept solutions to the grocery, out-of-home and bakery markets in the Nordics, Baltics and selected markets in Central Europe and India. Orkla is listed on the Oslo Stock Exchange and its head office is in Oslo. In 2017, the Group had a turnover of approximately NOK 39.6 billion, and 18,000 employees at year end.

Orkla ASA
Oslo, 3 April 2018

Group Director Corporate Communications and Corporate Affairs
Håkon Mageli
Tel.: +47 928 45 828

Investor Relations
Elise Heidenreich
Tel.: +47 951 41 147