The reports from the Committee of Inquiry

The reports from the Committee of Inquiry and relevant additional information from the Board of Directors' consideration of the matter, made public in accordance with a decision by Orkla's Corporate Assembly.

On 17 October 2000, the Board of Directors of Orkla ASA appointed a committee of inquiry to examine the circumstances relating to the accumulation and sale of a block of 20 million shares in the company.

At a meeting on 27 June 2001 the company's Corporate Assembly decided to publicise the reports from the Committee of Inquiry and relevant additional information with the exception of business secrets and information relating to the company's business contacts. Any material covered by this exception has been blacked out in the text.

The information is available in its entirety in the original version on the company's website www.orkla.no, and the reports from the Committee of Inquiry, the letter of 6 March 2001 from Attorney-at-law Lars A. Christensen to Orkla ASA and the Board's press releases are now translated and available in English.

Orkla points out that the company is not responsible for any errors or omissions in the translation of the documents.

You can download the material here:

CONTENTS

1 The Committee of Inquiry's report dated 27 November 2000
(with covering letter dated 28 November 2000)

2
a) The Committee's additional information dated 22 December 2000
(including Annex dated 5 December 2000)
b) The Committee's additional information dated 7 February 2001

3 The letter of 6 March 2001 from Wikborg & Rein to Orkla ASA

4
a) Orkla's press release dated 7 September 2000
b) Orkla's press release dated 17 October 2000
c) Orkla's press release dated 29 November 2000
d) Orkla's press release dated 14 February 2001