Trade subject to notification - Stein Erik Hagen

Company closely associated with Stein Erik Hagen, Chairman of the Board of Orkla ASA, has today Tuesday 30 May 2006 bought 300,000 shares in Orkla ASA at an average share price of NOK 297.36.
After this transaction, Stein Erik Hagen and his close associates own 35,698,550 shares in Orkla ASA.
Nils Selte, Canica AS, Tel.: +47 2413 3000
Siv M. Skorpen, AVP Investor Relations, Tel: +47 2254 4455