TRADE SUBJECT TO NOTIFICATION

On 29 February 2008, in connection with Orkla`s option programme, 15 000 options in Orkla-shares were exercised at a strike price of NOK 40,14
 
Following resignations, 75 000 options have been cancelled. 
 
A total of 8 197 170 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 701 500 synthetic options of the cash bonus programme.
 
Orkla holds 22,002,390 of its own shares.
 
 
Orkla ASA
Oslo, 3 March 2008
 
Contact:
Siv Merethe S. Brekke, Investor Relations,
Tel.: +47 2254 4455