Trade subject to notification - Stein Erik Hagen

23.06.2005: Company closely associated with Stein Erik Hagen, member of the Board of Directors of Orkla ASA, bought yesterday 588,950 shares in Orkla ASA at a share price of NOK 235.74.

After the transaction, Stein Erik Hagen and his close associates own 24,047,121 shares in Orkla ASA.