Orkla ASA — Director's Dealing 2017

Feb 21, 2017

Orkla ASA: Mandatory notification of trade - options

Orkla ASA: Mandatory notification of trade - options

On 20 February, in connection with Orkla's former management option programme,

40,000 options in Orkla-shares were exercised at a strike price of NOK 40.03 per

share.

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

the management option programme is 875,000. Orkla owns 1,433,135 treasury

shares.

Orkla ASA

Oslo, 21 February 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.