Trade subject to notification - Stein Erik Hagen

Company closely associated with Stein Erik Hagen, Chairman of the Board of Orkla ASA, has on 31 August 2006 bought 670,000 shares in Orkla ASA at an average share price of NOK 309.24.
After this transaction, Stein Erik Hagen and his close associates own 37,343,550 shares in Orkla ASA.
1 September 2006
Siv M. Skorpen, Orkla Investor Relations, Tel: +47 2254 4455