Trading by insiders 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/

cathegory of

close relation

Trading date

Character of the

transaction

No. of shares traded

(buy / sell)

Market value of shares traded

Peder Holk

Nielsen

EVP, Sales & Marketing

1/2-2006

Share options

+ 17,450

- 17,450

1,762,450

6,273,275