Trade subject to notification

On 25 March 2008, in connection with Orkla`s option programme, 25 000 options were exercised at a strike price of NOK 27.00 per share, and 15 000 options were exercised at a strike price of NOK 40.14 per share. In addition 25 000 synthetic options were exercised at a price of NOK 20.51.
 
A total of 8 142 170 options in Orkla have currently been issued. Moreover, Orkla has an
exposure through a cash-settled financial derivative of 1 400 000 underlying shares in the
hedge-position related to the remaining 676 500 synthetic options of the cash bonus programme.
 
Orkla holds 21 987 390 of its own shares.
 
Orkla ASA,
Oslo, 26 March 2008
 
Contact:
Rune Helland, Investor Relations,
Tel.: +47 2254 4411
 
Lars Røsæg, Orkla Investor Relations.
Tel.: +47 2254 4426