Orkla ASA — Director's Dealing 2010

Nov 8, 2010

Trade subject to notification - Shares for Employees 2010

Reference is made to the stock exchange release of 1 November 2010 regarding

Shares for Employees 2010.

The buying price, and thereby the number of shares acquired by primary insiders,

was fixed on the basis of the closing price of the Orkla share on 5 November

2010. The buying price was thus set at NOK 39,59 per share, including a 30 %

discount.

Information about the number of shares acquired by primary insiders, as well as

their new holdings, is attached to this message.

Orkla ASA,

Oslo, 8 November 2010

Contact Orkla Investor Relations:

Siv Merethe S. Brekke

Tel.: +47 930 56093

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

(Norwegian Securities Trading Act)

[HUG#1459900]