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.



of close relation

Trading date Character of the transaction

No. of shares traded

Buy (+)/
Sell (-)

Market value of shares traded
Steen Riisgaard President & CEO 24/11 '09    Share options + 5,559    883,881
24/11 '09 Share options - 5,559