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

Kurt Anker

Nielsen

Vice-Chairman of the Board of Directors

20/2-2006

Shares

- 1,000

379,000

Per Falholt

EVP and SCO

20/2-2006

Share options

+ 4,500

- 4,500

760,500

1,705,500

Peder Holk

Nielsen

EVP, Sales & Marketing

20/2-2006

Share options

Share options

Shares

+ 4,500

- 4,500

+ 4,700

- 4,700

- 4,593

760,500

1,707,750

747,300

1,781,300

1,740,747