Trade subject to notification - Stein Erik Hagen

18.08.2005: Company closely associated with Stein Erik Hagen, member of the Board of Directors of Orkla ASA, bought today further 1,230,150 shares in Orkla ASA at a share price of NOK 262.41.

After the transaction, Stein Erik Hagen and his close associates own 27,539,150 shares in Orkla ASA, equivalent 13.22% of the capital.