Orkla ASA: Mandatory notification of trade - options

On 16 February, in connection with Orkla's former management option programme,
30,000 options in Orkla-shares were exercised at a strike price of NOK 36.38 per
share.

The transactions comprise primary insider Fridthjof Røer, Chief Internal Auditor
in Orkla ASA. Røer exercised 30,000 options at a strike price of NOK 36.38 per
share, of which 30,000 shares were sold at a price of NOK 70.27 per share. After
this transaction, Røer and close associates own 24,244 shares and 30,000 options
in Orkla.

After this transaction, the total number of options issued in Orkla shares under
the management option programme is 2,537,000. Orkla owns 1,696,738 treasury
shares.


Orkla ASA
Oslo, 17 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)


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