Orkla ASA : Orkla ASA: Chinese competition authorities have approved Sapa joint venture in aluminium solutions

  Orkla ASA : Orkla ASA: Chinese competition authorities have approved Sapa
                     joint venture in aluminium solutions

The Chinese competition authorities (MOFCOM) have approved the closing of the
transaction whereby Hydro and Orkla will have 50/50 ownership of the planned
Sapa JV.

The approval of the Chinese competition authorities marks the conclusion of
the competition law assessment of the agreement, necessary for closure. The
transaction has already been approved by the EU Commission, the U.S.
Department of Justice and relevant competition authorities in several other
countries.

The parties intend to close the transaction as soon as possible and with
accounting effect from September.

Orkla ASA
Oslo, 19 August 2013

Contacts:
Håkon Mageli , EVP Corporate Communications and Corporate Affairs
Tel.: +47 928 45828

Rune Helland, SVP Investor Relations
Tel.: +4722 54 44 11 / +47 97 71 32 50

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
HUG#1723627