Trading by insiders in Novozymes A/S B shares

In accordance with Section 37 of the Danish Securities Trading Act, Novozymes reports transactions under ISIN DK0010272129, Novozymes B shares under the symbol NZYM B:

23. May 2005
Name:
Relation/
cathegory of close relation
Trading date
Character of the transaction
No. of shares traded buy/sell
Market value of shares traded
Steen Riisgaard
20/5- 2005
Share options
+10,900
- 10,900
1,100,900
3,106,500

Contact persons
Press and media: Investor Relations:
Eva Louise Holm Petersen
Tel. (direct): +45 4442 3338
 
Lene Aaboe
Tel. (direct): +45 4446 0082

Niels Eldrup Meidahl
Tel. (direct): +45 4443 3304

Thomas Kudsk Larsen (in USA)
Tel. (direct): +1 919 494 3279
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