Trade subject to notification

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Trade subject to notification - Stein Erik Hagen
On 17 March 2005, a company closely associated with Stein Erik Hagen, member of the Board of Directors of Orkla ASA, has bought 1,410,750 shares in Orkla ASA at a share price of NOK 227.93.
After the transaction, Stein Erik Hagen and his close associates own 23,458,171 shares in Orkla ASA.
Ref.: Nils Selte, Canica AS, Tel.: +47 2305 5000 Ellen Ronæss, Orkla Shareholder Services, Tel: +47 2254 4430 Date: 18 March 2005
Date: 18. mar 2005 Kl 09.03