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ORK - Trade subject to notification Elkem
28.02.2002: Orkla's Financial Investments area has on 28 February 2002 bought 1.751.520 shares in Elkem ASA at a price of NOK 180.00 per share.
After this transaction Orkla including subsidiaries owns 18,995,581 Elkem-shares, representing 38.5% of the share capital.



Ref.:
Ole Kristian Lunde, ph. +4722544431
Rune Helland, ph. +4722544411


Date: 28. feb 2002 Kl 10.02