Trade subject to notification - Stein Erik Hagen

Stein Erik Hagen AS and Tvist 5 AS, company closely associated with Stein Erik Hagen, Chairman of the Board of Orkla ASA, have by internal transactions on 29 June 2007 purchased respectively 5,500,000 and 49,500,000 shares in Orkla from Canica AS, another company closely associated with Stein Erik Hagen.

The shares were purchased at a price of NOK 112 per share.
 
After this transaction Tvist 5 AS owns 77,000,000 shares in Orkla, corresponding to 7.39 % of outstanding share capital.
 
The internal transactions do not change Stein Erik Hagen and his close associates' total holding in Orkla, a holding of 215,100,000 shares. 
 
 
 
Contact Orkla Investor Relations:
Rune Helland, Tel.: +47 2254 4411