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 yesterday 2,261,879 shares in Orkla ASA at a share price of NOK 262.28.

After the transaction, Stein Erik Hagen and his close associates own 26,309,000 shares in Orkla ASA, equivalent 12.63% of the kapital.