Orkla ASA : Disclosure of shareholding and tr...

Orkla ASA has sold 23 000 000 shares in Tomra Systems (representing 15.5 % of
the total share capital) for a price per share of NOK 38.50. Orkla holds no
shares in Tomra following the transaction.

"The sale of the shares in Tomra Systems is part of Orkla`s strategy to refocus
financial and managerial resources into growth within branded goods," says Orkla
President and CEO Bjørn M. Wiggen.

Per A. Sørlie, managing director of Orkla's wholly-owned subsidiary Borregaard,
is a board member in Tomra.


Orkla ASA
Oslo, 5 December 2011

Contact:
SVP Investor Relations
Rune Helland
Tel: [phone]


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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