Orkla ASA — Share Issue/Capital Change 2014

Feb 3, 2014

Orkla ASA: Mandatory notification of trade - options

Orkla ASA: Mandatory notification of trade - options

On 31 January, in connection with Orkla`s former option programme, 30,000

options in Orkla-shares were exercised.

10,000 options were exercised at a strike price of NOK 42.36 per share and

20,000 options were exercised at NOK 41.38 per share.

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

now 14,807,000. Orkla owns 4,602,106 treasury shares.

Orkla ASA

Oslo, 3 February 2014

Anders Kalleberg, Investor Relations

Tel.: +47 99 04 24 98.

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1758570]