Trade subject to notification - Proxies for annual general meeting 2010

In connection with this year's ordinary annual general meeting, Stein Erik Hagen, chair of the Board of Directors in Orkla ASA, has been assigned voting rights based on proxies for 22,058,407 shares in Orkla ASA. The proxies apply exclusively to this year's ordinary annual general meeting in Orkla ASA.

This entails that Stein Erik Hagen and closely related parties collectively hold a total of 25.5% of the votes in Orkla, of which 2.2% as voting rights based on proxies and 23.3% through closely related party companies: Canica AS, Canica Investor AS, Tvist 5 AS, Stein Erik Hagen AS, Fresje AS and Treschow-Fritzøe AS.



Orkla ASA

Oslo, 20 April 2010


Contacts Orkla Investor Relations:

Rune Helland, Tel.: +47 22 54 44 11

Siv Merethe S. Brekke, Tel: +47 22 54 44 55

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