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Extension of offer period - Chips
31.01.2005: As announced in its notice of 8 November 2004, Orkla has made an offer for all the remaining shares in the Finnish listed company Chips Abp.
The time limit for accepting Orkla's offer has been extended to 18 February 2005 pending the EU Comission's approval of Orkla's acquisition. The acquisition has been approved unconditionally by the Russian competition authorities. The conditions for implementation of Orkla's offer are set out in the prospectus, which may be found on Orkla's website, www.orkla.com.



Enclosed pdf file
Ref.:
Rune Helland, VP Investor Relations, Tel: +47 22544411


Date: 31. jan 2005 Kl 10.01