Orkla ASA — Capital/Financing Update 2014

Apr 7, 2014

Orkla ASA : Orkla ASA - Issuance of Commercial Paper

Orkla ASA : Orkla ASA - Issuance of Commercial Paper

Orkla ASA has issued a commercial paper of NOK 300,000,000. An application will

be made for the commercial paper to be listed on Oslo Stock Exchange.

Start date:                   9 April, 2014

Maturity:                     9 July, 2014

Coupon:                      1,77 %

Organised by:             Nordea Markets

For further information, please contact:

Vice President Arvid Østbø,

Head of Group Funding

Mob.: +47 91 77 68 30

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1775053]