Orkla ASA — Director's Dealing 2017

Mar 7, 2017

Orkla ASA: Mandatory notification of trade - options

Orkla ASA: Mandatory notification of trade - options

On 6 March, in connection with Orkla's former management option programme,

50,000 options in Orkla-shares were exercised at a strike price of NOK 40.03 per

share.

The transactions comprise primary insider Stig Ebert Nilssen, Executive Vice

President and CEO Orkla Care. Nilssen exercised 50,000 options at a strike price

of NOK 40.03 per share, and sold them at a price of NOK 75.3708 per share. After

this transaction, Nilssen and close associates own 49,046 shares and no options

in Orkla.

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

the management option programme is 740,000. Orkla owns 2,498,135 treasury

shares.

Orkla ASA

Oslo, 7 March 2017

Ref.:

Investor Relations

Elise Heidenreich

Tel.: +47 951 41 147

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.