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

3/5-2006

Shares

- 1,000

470,000

Arne W. Schmidt

EVP, Development, Production and Quality

3/5-2006

Share options

+ 4,500

- 4,500

760,500

2,070,000