Trading by insiders in Novozymes A/S B shares

In accordance with Section 37 of the Danish Securities Trading Act, Novozymes reports the following:

ISIN Trading date Number of shares traded, net
DK0010272129
February 23, 2004        +500
Market value of number of shares traded, net
 
Total number of shares held by insiders Market value of shares held by insiders
 
DKK 50,500 105,498 25,425,018








Contacts: 
Press and media Equity analysts and investors
Eva Louise Holm Petersen
Tel. (direct): +45 4442 3338 
Ally Larsen
Tel. (direct): +45 4443 6617
Michael Steen-Knudsen
Tel. (direct): +45 3079 6048
Thomas Kudsk Larsen
Tel. (direct): +45 3079 5969