Orkla ASA — Capital/Financing Update 2017

Sep 20, 2017

Orkla ASA: Commercial Paper increase

Orkla ASA: Commercial Paper increase

Orkla ASA has increased ISIN NO 001 0804958 with NOK 300,000,000 to NOK

800,000,000.

Start date:                  22 September, 2017

Maturity:                     2 October, 2017

Coupon:                      0.88 %

Organised by:             DNB Markets

Oslo, 20 September 2017

Ref.:

Senior Vice President Group Treasury

Geir Solli

Mob.: +47 99542789

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.