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ORK - Trade subject to notification Sveaas
Christen Sveaas, member of the Board of Orkla ASA, and his wholly-owned company AS Holding has on the 21 August 2002 sold respectively 5,700,000 and 1,436,000 shares in Orkla ASA at a price of NOK 131 per share.

Number of shares in Orkla ASA controlled by Christen Sveaas after these transations is 12,464,777.




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Ref.:
Ole Kristian Lunde, Tel. +47 22 54 44 31
Ellen W. Ronęss, Tel. +47 22 54 44 30

Date: 21 August 2002


Date: 21. aug 2002 Kl 10.08