Orkla ASA — M&A Activity 2016

Mar 16, 2016

Orkla ASA: Orkla's acquisition of Hamé approved by the competition authorities

Orkla ASA: Orkla's acquisition of Hamé approved by the competition authorities

The competition authorities have approved Orkla's purchase of Hamé. Completion

of the agreement is expected to take place shortly.

In a press release of 11 December 2015, Orkla announced that it had entered into

an agreement to acquire Hamé, a leading branded consumer goods company within

food in the Czech Republic and Slovakia.

The approval of the Romanian competition authorities on 16 March concludes the

review of the agreement under competition law. The transaction has already been

approved by the competition authorities in the Czech Republic, Slovakia,

Hungary, Austria, Russia and Ukraine.

Orkla is a leading supplier of branded consumer goods and concept solutions to

the grocery, out-of-home and bakery markets in the Nordics, the Baltics and

selected markets in Central Europe and India. Orkla is listed on the Oslo Stock

Exchange and has its head office in Oslo. In 2015, the Group had a turnover of

NOK 33 billion, and 14,670 employees at year-end.

Orkla ASA

Oslo, 16 March 2016

Ref.:

Group Director Corporate Communications and Corporate Affairs

Håkon Mageli

Tel.: +47 928 45 828

Email: hakon.mageli@orkla.no

SVP Investor Relations

Mattias Orrenius

Tel.: +47 983 66 334

Email: mattias.orrenius@orkla.no

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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