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Changes in the Orkla Group organisation


March 29, 2011 - London

EVP Business Development and M&A, Svein Tore Holsether, will as of today also assume responsibility for Orkla's Investment Portfolio (Share Portfolio) and Orkla Real Estate.

Orkla's Investment Portfolio (Share Portfolio) will continue to play a vital part in Orkla's strategy, through its dual goal of generating excess return vs. relevant benchmarks and developing industrial options for the Orkla Group.

Orkla ASA
Oslo, 29 March 2011

 

Contacts:
Johan Chr. Hovland
SVP Corporate Communications and Public Affairs, Orkla ASA
Tel.: +47 91 76 34 91

Rune Helland
SVP Orkla Investor Relations
Tel.: +47 22 544411

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

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