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2016-02-26

Orkla ASA: Orkla initiates share buyback program

Orkla ASA (''Orkla'') has decided to initiate a share buyback program for up
to 2 million shares in the market. The buyback program will be conducted in
accordance with the authorization provided by the annual general meeting to
the board of directors on 16 April 2015.
The buyback will be executed according to the market price on the Oslo Stock
Exchange. The program will be initiated today and terminated on 14 April 2016
at the latest.

The shares purchased under this program will be used for Orkla's stock- and
incentive program for own employees.

Orkla ASA
Oslo, 26 February 2016

Ref.:
Senior IR&Communications Advisor

Elise Heidenreich
Tel.: +47 951 41 147

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

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Orkla ASA via Globenewswire

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