TRADE SUBJECT TO NOTIFICATION


 
On 15 February 2008, in connection with Orkla`s option programme, 20,000 options in Orkla-shares were exercised at a strike price of NOK 40,14.
 A total of 8,287,170 options in Orkla have currently been issued. Moreover, Orkla has an
exposure through a cash-settled financial derivative of 1,400,000 underlying shares in the 
hedge-position related to the remaining 701,500 synthetic options of the cash bonus programme.
 Orkla holds 12,017,390 of its own shares.
 
Orkla ASA
Oslo, 15 February 2008
 
Contact:
Rune Helland, SVP Investor Relations,
Tel.: +47 2254 4411