Trading by management in Novozymes A/S B shares

In accordance with Section 28a of the Danish Securities Trading Act, Novozymes reports the following transactions under ISIN DK0010272129, Novozymes B shares under the symbol NZYM B.

Name

Relation/Category

of close relation

Trading date

Character of the transaction

No. of shares traded

Buy (+) /

Sell (-)

Market value of shares traded

Benny D. Loft

EVP & CFO

30/1 2008

+ 451

174,537

2008 FINANCIAL CALENDAR

January 25, 2008
Group financial statement, FY 2008

March 5, 2008
Annual shareholders' meeting

April 24, 2008
Group financial statement, Q1 2008

August 14, 2008
Group financial statement, H1 2008

October 31, 2008
Group financial statement, 9M 2008