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Loan to Norway Seafoods Holding
01.10.2003: Constructive negotiations have recently been held in connection with Orkla's NOK 600 million loan to Norway Seafoods Holding.
The parties have agreed on a draft of a long-term solution. The premises for this draft solution will be confirmed in the course of a 14-day period and the due date has therefore been postponed accordingly. Until the draft solution has been confirmed Orkla will not provide any further comments.



Enclosed pdf.file
Ref.:
Ole Kristian Lunde, SVP Corporate Communications, Tel: +47 22 54 44 31


Date: 01. oct 2003 Kl 10.10