Trade subject to notification - Employee Shares 2008

Reference is made to the notice to the Oslo Stock Exchange dated 15 December 2008 regarding Orkla`s offer to its employees to buy Orkla-shares. Following a final adjustment, a further 884 shares has been transferred to Orkla-employees on 18 December 2008.
Following this, a total of 1 991 497 Orkla-shares has been transferred to its employees in connection with the Employee Shares 2008 programme.
Orkla owns 11 869 223 treasury shares.
Orkla ASA,
Oslo, 19 December 2008
Lars Røsæg, Orkla Investor Relations
Tel.: +47 22544426