Loan to Norway Seafoods Holding

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Loan to Norway Seafoods Holding
15.10.2003: We refer to the press release of 1 October in which Orkla announced that the due date of its NOK 600 million loan to Norway Seafoods Holding had been postponed until 14 October on the basis of a draft solution that had been presented.
The parties are still negotiating with a view to being able to sign an agreement within the next 24 hours. Enclosed pdf.file
Ref.: Ole Kristian Lunde, SVP Corporate Communications, Tel: +47 22 54 44 31
Date: 15. oct 2003 Kl 10.10