Sale of the Netzeitung group

Orkla has entered into an agreement to sell its German media assets, the Netzeitung group, to Die Deutsche Zeitungsholding, owner of Berliner Verlag and a part of the Mecom Group.

The completion of the transaction is pending on the approval of the German competition authorities, and will probably take place in July 2007. With the exception of Hjemmet Mortensen, Orkla has now sold all its media assets.
Ole Kristian Lunde, SVP, Corporate Communications - Tel.:+47-22 54 44 31