Orkla ASA — Director's Dealing 2017

Mar 3, 2017

Orkla ASA: Mandatory notification of trade - options

Orkla ASA: Mandatory notification of trade - options

On 2 March, in connection with Orkla's former management option programme,

35,000 options in Orkla-shares were exercised at a strike price of NOK 40.03 per

share.

The transactions comprise primary insider Atle Vidar Nagel Johansen, Executive

Vice President and CEO Orkla Foods. Nagel Johansen exercised 35,000 options at a

strike price of NOK 40.03 per share, of which 30,800 shares were sold at a price

of NOK 75.5246 per share. After this transaction, Nagel Johansen and close

associates own 25,881 shares and no options in Orkla.

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

the management option programme is 790,000. Orkla owns 2,548,135 treasury

shares.

Orkla ASA

Oslo, 3 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.