Orkla ASA — Director's Dealing 2018

May 29, 2018

Orkla ASA: Mandatory notification of trade - primary insiders

Orkla ASA: Mandatory notification of trade - primary insiders

According to the instructions for the nomination committee of Orkla ASA

("Orkla"), shareholder-elected board members are required to use minimum 1/3 of

their gross board fee to purchase shares in Orkla, until they own shares in

Orkla with a value equivalent to two times their gross board fee. On this basis,

the following board member has purchased shares in Orkla today.

Grace Reksten Skaugen, Deputy Chair of the Board of Orkla, has, through her

wholly owned company Infovidi Board Services Ltd, bought 3,000 shares at a price

of NOK 75.68 per share. Following this transaction, Reksten Skaugen and related

parties own 8,500 shares in Orkla.

Orkla ASA

Oslo, 29 May 2018

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.