Orkla ASA - Director's Dealing 2015

Orkla ASA: Mandatory notification of trade - Shares for employees 2015

Employees in 23 countries have been offered the opportunity to buy Orkla shares

at a discount, for the amount of NOK 1 000, NOK 4 000, NOK 12 000, NOK 20 000 or

NOK 28 000. The purchase price will be set at Orkla's closing price on 6

November 2015, minus 30 % discount.

The offer is valid from 2 - 6 November 2015. This programme was introduced in

Please see the attachment for an overview of the primary insiders who have

ordered shares in Orkla on 2 November 2015.

The purchase price and the number of shares acquired by the primary insiders, as

well as their updated shareholdings, will be notified the Stock Exchange

following the determination of the purchase price.

Orkla ASA

Oslo, 3 November 2015

Ref.:

Senior Vice President Investor Relations

Mattias Orrenius

Tel.: +47 983 66 334

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1963492]

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