Notification

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Notification
20.01.2003: With reference to changes in the Norwegian Securities Trading Act, Orkla is hereby disclosing that the company (including its subsidiaries) as of 17 January 2003 has between 1/20 and 1/10 of the share capital in the following companies:
RIC, Rica Hotels: 2,394,600 shares, corresponding to 9.98% of the share capital. STB, Storebrand: 27,648,956 shares, corresponding to 9.95% of the share capital. STP, Stepstone: 108,207,258 shares, corresponding to 9.31% of the share capital. SEN, Sensonor: 12,254,764 shares, corresponding to 8.85% of the share capital. RIE, Rieber & Søn: 7,012,435 shares, corresponding to 8.81% of the share capital. NVF, Norsk Vekst Forvaltning:648,610 shares, corresponding to 9.73% of the share capital. NER, Nera: 11,855,963 shares, corresponding to 9.60% of the share capital. KVE, Kverneland: 1,076,633 shares, corresponding to 8.68% of the share capital. AVA, Avantor: 1,129,878 shares, corresponding to 5.82% of the share capital. GYL, Gyldendal: 127,295 shares, corresponding to 5.41% of the share capital. HNA and HNB, Hafslund: 4,413,205 A-shares and 5,501,061 B-shares, corresponding to 5,08% of the share capital Enclosed pdf. file
Ref.: Rune Helland, VP Investor Relations, Tel: +47 22544411 Erik Thuestad, AVP Investor Relations, Tel.: +47 22544425
Date: 20. jan 2003 Kl 15.01