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ORK - Trade subject to notification
02.01.2002: Orkla's Financial Investements area has on the 2nd of January 2002 bought 13,546 shares in Elkem ASA at a price of NOK 149.99 per share.
After this transaction Orkla including subsidiaries owns 15,859,397 Elkem-shares, representing 32.2% of the share capital.



Ref.: Erik Thuestad, AVP Investor Relations, Tel.: +47 22544425


Date: 03. jan 2002 Kl 09.01