Trade subject to notification - Stein Erik Hagen

Company closely associated with Stein Erik Hagen, Chairman of the Board of Orkla ASA, has on 12 September 2006 bought 520,000 shares in Orkla ASA at an average share price of NOK 306.41.

After this transaction, Stein Erik Hagen and his close associates own 38,270,000 shares in Orkla ASA.
Jon Langås, Orkla Investor Relations, Tel: +47 2254 4439