Trade subject to notification - Stein Erik Hagen

Company closely associated with Stein Erik Hagen, Chairman of the Board of Orkla ASA, has on 8 June 2011 bought 10,800,000 shares in Orkla ASA at an average price of NOK 49.97 per share.

After this transaction, Stein Erik Hagen and his close associates own 250,687,000 shares in Orkla ASA, corresponding to 24.4% of outstanding shares in Orkla.

Orkla ASA,
Oslo, 9 June 2011

Rune Helland, SVP Investor Relations
Tel.: +47 22 54 44 11


 This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)