Orkla ASA — Director's Dealing 2014

Nov 10, 2014

Orkla ASA: Trade subject to Notification - Shares for Employees 2014

Orkla ASA: Trade subject to Notification - Shares for Employees 2014

Reference is made to the stock exchange notice of 3 November 2014 regarding

Shares for Employees 2014.

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

was fixed on the basis of the closing price of the Orkla share on 7 November

2014. The buying price was thus set at NOK 36,86 per share, including 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, 10 November 2014

Contact Orkla ASA, Investor Relations:

Rune Helland, Tel: +47 977 13 250

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1870070]