Orkla's offer for A shares in Jotun will not be...

The acceptance period set out in Orkla's offer to shareholders of A shares in Jotun of 31 August 2011 expired on 30 September 2011 at 5.30 pm. The condition regarding acceptance threshold of 50 per cent of the votes in Jotun is not fulfilled. Consequently, the offer will not be completed. Orkla ASA Oslo, 3 October 2011 Contact: SVP Investor Relations Rune Helland Tel: +47 22 54 44 11 VP Investor Relations Siv M. Skorpen Brekke Tel: +47 22 54 44 55/ +47 930 56 093 This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act) This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Orkla ASA via Thomson Reuters ONE [HUG#1551403]

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