Orkla ASA — Director's Dealing 2015

Nov 4, 2015

Orkla ASA: Mandatory notification of trade - options

Orkla ASA: Mandatory notification of trade - options

On 3 November, in connection with Orkla's former management

option programme, 20,000 options in Orkla-shares were

exercised at a strike price of NOK 36.38 per share.

After this transaction, the total number of options issued

in Orkla shares under the management option programme is

2,832,000. Orkla owns 1,991,903 treasury shares.

Orkla ASA

Oslo, 4 November 2015

Ref.:

Investor Relations

Elise Heidenreich

Tel.: +47 951 41 147

This information is subject of the disclosure requirements

acc. to §5-12 vphl (Norwegian Securities Trading Act)