Dividend reduces strike on options for management programme

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Dividend reduces strike on options for management programme
30.04.2004: Orkla's Annual General Meeting adopted yesterday the Board of Directors proposed dividend of NOK 29.00 per share, except shares owned by the company.
The dividend proposed is a regular dividend of NOK 4.00 per share, and an additional dividend of NOK 25.00 per share. It is decided to reduce the strike on issued options within Orkla's cash bonus programme with an amount corresponding with the additional dividend that is NOK 25.00 per share. The revision is from today 30 April 2004, when the share is quoted exclusive of the dividend. Enclosed pdf file
Ref.: Rune Helland, VP Investor Relations, Tel: +47 22544411 Siv Merethe Skorpen, AVP Investor Relations, Tel.: +47 22544455
Date: 30. apr 2004 Kl 11.04