Regarding the offer for A shares in Jotun AS

Reference is made to the stock exchange notice of 31 August 2011 regarding
Orkla's offer to purchase A shares in Jotun AS. Orkla has today received notice
from Odd Gleditsch d.y. that members of the Gleditsch family, representing in
total 53.7% of the share capital of Jotun, have decided not to accept Orkla's
offer for the A shares.

Orkla ASA

Oslo, 8 september 2011
Ref.:
Senior VP Corporate Communications and Public Affairs

Johan Chr. Hovland

Telephone +47 22 54 44 86/+47 917 63 491
Senior VP Investor Relations

Rune Helland

Telephone +47 22 54 44 11
VP Investor Relations

Siv M. Skorpen Brekke

Telephone +47 22 54 44 55/+47 930 56 093


This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
    other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
     originality of the information contained therein.

Source: Orkla ASA via Thomson Reuters ONE

[HUG#1545017]