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Orkla ASA : Orkla ASA: Agreement on acquisition of Rieber & Søn

       Orkla ASA : Orkla ASA: Agreement on acquisition of Rieber & Søn

We refer to the notice to the Oslo Stock Exchange dated 20 August 2012
regarding Orkla's acquisition of Rieber & Søn.

The EU Commission has on 4 March 2013 approved Orkla's acquisition of Rieber &
Søn. The Norwegian part of the transaction has been transferred to the
Norwegian Competition Authority and the EU Commission's conclusion therefore
does not include Norway.

The Norwegian Competition Authority has notified that they need some more
time, and will consequently notify the parties that intervention may take
place which is a statutory requirement in order to continue processing beyond
the first 25 working days. We are not aware of any circumstances that would
indicate that the transaction cannot be completed.

We are working with the Norwegian Competition Authority to ensure that the
matter is clarified as quickly as possible also where Norway is concerned, and
hope for a clarification in the course of March. However, it cannot be ruled
out that it will take a little longer due to the Norwegian Competition
Authority's administrative procedures.

Orkla ASA
Oslo, 5 March 2013

Contact:
Håkon Mageli, EVP Communication and Corporate Affairs
Tel: +47 928 45828

Anders Kalleberg, Investor Relations
Tel: +47990 42498

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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Source: Orkla ASA via Thomson Reuters ONE
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