Orkla ASA - Remuneration Information 2016

Orkla ASA: Mandatory notification of trade - options

On 17 February, in connection with Orkla's former management option programme,

70,000 options in Orkla-shares were exercised. 20,000 options were exercised at

a strike price of NOK 42.53 per share and 50,000 options were exercised at a

strike price of NOK 36.38 per share.

The transactions comprise primary insider Stig Ebert Nilssen, Executive Vice

President and CEO Orkla Care. Nilssen exercised 50,000 options at a strike price

of NOK 36.38 per share, of which 50,000 shares were sold at a price of NOK

71.44 per share. After this transaction, Nilssen and close associates own

49,046 shares and 50,000 options in Orkla.

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

the management option programme is 2,467,000. Orkla owns 1,626,738 treasury

shares.

Orkla ASA

Oslo, 18 February 2016

Ref.:

Investor Relations

Elise Heidenreich

Tel.: +47 951 41 147

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1987072]

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