Trade subject to notification - Shares for Employees 2012 - Jan Ove Rivenes

In connection with the Shares for Employees programme 2012, Jan Ove Rivenes today, 5 November, bought shares in Orkla ASA for NOK 28 000. Rivenes owns 8 337 shares and 190 000 options in Orkla.

The purchase price will be set at Orkla's closing price on 8 November 2012, minus 30 % discount. The purchase price and the number of shares acquired by the primary insiders, as well as their updated shareholdings, will be notified the Stock Exchange following the determination of the purchase price.


Orkla ASA
Oslo, 5 November 2012

Reference Orkla Human Resources:
Anette Auestad, Tel: +47 468 16 116

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.