Orkla ASA — Director's Dealing 2017

Jan 2, 2017

Orkla ASA: Mandatory notification of trade - options

Orkla ASA: Mandatory notification of trade - options

On 30 December 2016, 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 955,000. Orkla owns 1,213,135 treasury

shares.

Orkla ASA

Oslo, 2 January 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.