Trading by management in Novozymes A/S B shares (1)

In accordance with Section 28a of the Danish Securities Trading Act, Novozymes reports the following transaction 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
Steen Riisgaard President and CEO 27/1 2009    Share options - 1,200 536,400