Trading by management 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/Category

of close relation

Trading date Character of the transaction

No. of shares traded

Buy (+) /

Sell (-)

Market value of shares traded
Benny D. Loft EVP & CFO 30/1 2008     Shares + 451 174,537