ORKLA - Trade subject to notification

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ORKLA - Trade subject to notification
04.11.02: Orkla's Financial Investments area has on 4 November 2002 bought 71,814 shares in Elkem ASA at a price of NOK 179 per share.
After this transaction Orkla including subsidiaries owns 18,987,744 Elkem shares, representing 38.5% of the share capital. Enclosed pdf.file
Reference: Erik Thuestad, AVP Investor Relations, Tel: +47 22 54 44 25
Date: 04. nov 2002 Kl 15.11