The Board of Directors' proposal to Orkla's General Meeting

The Annual General Meeting of Orkla ASA will be held on Thursday 18 April 2013 at 3 p.m. at The Norwegian Opera & Ballet, Kirsten Flagstads plass 1, Oslo. At a meeting on 6 February 2013 the Board of Directors decided to propose an ordinary dividend for 2012 of NOK 2.50 per share, equal to the ordinary dividend paid for the year of 2011. The share will be quoted exclusive of the dividend on 19 April 2013. Subject to the decision of the General Meeting regarding the share dividend, the dividend will be paid on 30 April 2013 to shareholders of record as of the date of the Annual General Meeting. Orkla's Annual Report 2012 will be released on 27 March 2013. Orkla ASA Oslo, 7 February 2013 Rune Helland, SVP Investor Relations Tel.: +47 22 54 44 11 Anders Kalleberg, Investor Relations Tel.: +47 99 04 24 98 This information is subject of the disclosure requirements pursuant to section 5-12 of the 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#1676133]