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ORK - Trade subject to notification Elkem
22.02.02: Orkla's Financial Investments area has on 21 February 2002 bought 110,900 shares in Elkem ASA at a price of NOK 180.00 per share.
After this transaction Orkla including subsidiaries owns 17,244,061 Elkem-shares, representing 35.0% of the share capital.



Ref.:
Erik Thuestad, AVP IR, Tel: +47 22544425


Date: 22. feb 2002 Kl 09.02