Trade subject to notification own shares

Orkla ASA has on 22 March 2012 bought 400,000 Orkla shares through broker-houses at an average price of NOK 45.05 per share.

Orkla's total holding of own shares after this transaction is 17,203,791.

Orkla ASA,
Oslo, 23 March 2012

Contacts Orkla Investor Relations:
Rune Helland, Tel: +47 2254 4411/+47 977 13250
Siv Merethe S. Brekke Tel.: +47 2254 4455/+47 930 56093

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