Trades subject to notification

1) Trade subject to notification
Finn Jebsen, Group Chief Executive of Orkla ASA, has on the 21.12.2001 bought 12,000 shares in Orkla ASA at a price of NOK 143.99. His total shareholding after this transaction is 205,204 shares.

2) Transfer of own shares to employees
Please confer stock exchange notification dated 23.11.2001 regarding Orkla's offer to its employees to buy Orkla-shares. Orkla has a result of this programme today transferred 279,150 Orkla-shares to its employees.

After this transaction Orkla owns 8,557,702 Orkla-shares.