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Trade subject to notification - Per A. Sørlie and Håkon Chr. Andersen
The transactions concern the following primary insiders:
- Managing Director Per A. Sørlie, Borregaard, exercised 5,000 at a price of NOK 130 and, at the same time, sold 5,000 shares at a price of NOK 261.37. His new total holding in Orkla is 7,300 shares and 12,500 options in Orkla shares.
- Managing Director Per A. Sørlie, Borregaard, exercised 5,000 at a price of NOK 130 and, at the same time, sold 5,000 shares at a price of NOK 261.37. His new total holding in Orkla is 7,300 shares and 12,500 options in Orkla shares.
- Managing Director Håkon Chr. Andersen, Orkla Food Russia and Ukraine, exercised 6,668 at a price of NOK 130 and, at the same time, sold 4,000 shares at a price of NOK 261.37. His new total holding in Orkla is 14,302 shares and 4,000 options in Orkla shares.
A total of 1,548,541 options have currently been issued. Moreover, Orkla has an exposure through a cash-settled financial derivative of 450,000 underlying shares in the hedge position related to the remaining 448,500 synthetic options of the cash bonus programme.
Orkla currently holds 2,119,073 shares.
Ellen Ronæss, Shareholder Services, Telephone: +47 22 54 44 30
Date: 19. aug 2005 Kl 10.08
