Trade subject to notification - BWG Homes ASA

We refer to the notice from BWG Homes on 15 February 2012. Orkla ASA has, in a private placement, subscribed for a total of 2,616,300 shares in BWG Homes.

After this transaction Orkla's holding in BWG Homes is unchanged and represents 7.5% of the share capital.

Espen Wiik, VP Strategy Development in Orkla ASA, is a member of the Board of BWG Homes ASA.

Orkla ASA,
Oslo, 15 February 2012

Rune Helland
SVP Investor Relations, Tel: 2254 4411

Siv Merethe S. Brekke
VP Orkla Investor Relations, Tel: +47 2254 4455 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)