Orkla ASA — Capital/Financing Update 2015

May 7, 2015

Oslo Børs - ORK82 - New bond issue to be listed on Oslo Børs on the 07.05.2015

Oslo Børs - ORK82 - New bond issue to be listed on Oslo Børs on the 07.05.2015

Issue name: Orkla ASA 15/22 FRN

Ticker: ORK82

Instrument ID: 1301869

ISIN: NO0010731730

Segment: OBOC

Country: NO

Trading currency: NOK

Current outstanding principal amount: 1500 mill,

limited issue

Interest accrual date: 02.03.2015

Maturity date: 14.02.2022

Coupon rate: 2.05 % p.a. (3 mnd NIBOR +0.69 %)

Sector list: Major Bonds (OMJ)

Managers: DNB Bank ASA

Central Securities Depository: VPS

Oslo Børs has received approved prospectus , which

will be available at

[http://www.oslobors.no] and [www.orkla.com] from the

first day of listing.