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ORK - Trade in Elkem subject to notification
Date: 03.12.2002

Orkla's Financial Investments area has on 2 December 2002 bought 36,300 shares in Elkem ASA at a price of NOK 154.11 per share. After this transaction Orkla including subsidiaries owns 19,398,643 Elkem shares, representing 39.4% of the share capital.




Reference:
Erik Thuestad, AVP Investor Relations, Tel: +47 22 54 44 25


Date: 03. dec 2002 Kl 09.12