Trading by insiders in Novozymes A/S B shares

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

Trading date
Number of shares traded, net
Market value of number of shares traded, net
Total number of shares held by insiders
Market value of shares held by insiders
Feb. 24, 2005
DKK 810,325
DKK 20,884,162

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

Outside USA and Canada:
Lene Aaboe
Tel. (direct): +45 4446 0082

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

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