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Trade in Elkem subject to notification
Orkla's Financial Investments area has on 3 December 2002 bought 9,000 shares in Elkem ASA at a price of NOK 155 per share. After this transaction Orkla including subsidiaries owns 19,407,643 Elkem shares, representing 39.4% of the share capital.



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

Date: 04.12.2002


Date: 04. dec 2002 Kl 10.12