Trade subject to notification - Åse Aulie Michelet

Åse Aulie Michelet, member of the Board of Orkla ASA, has on 23 May 2008 bought 6 000 shares in Orkla ASA at an average share price of NOK 77.20.
After this transaction, Åse Aulie Michelet and her close associates own 8 500 shares in Orkla ASA.

Orkla ASA
Oslo, 26 May 2008
Lars Røsæg, Orkla Investor Relations,
Tel: +47 2254 4426