Orkla ASA — Director's Dealing 2014

Apr 1, 2014

Orkla ASA : Mandatory notification of trade - options

Orkla ASA : Mandatory notification of trade - options

On 31 March, in connection with Orkla`s former option programme, 110,000 options

in Orkla-shares were exercised.

80,000 options were exercised at a strike price of NOK 42.36 per share and

30,000 options were exercised at NOK 41.38 per share.

After this transaction, the total number of options issued in Orkla shares is

now 14,577,000. Orkla owns 4,392,106 treasury shares.

Orkla ASA

Oslo, 1 April 2014

Rune Helland, SVP Investor Relations

Tel.: +47 977 13 250

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

(Norwegian Securities Trading Act)

[HUG#1773256]