Trading by Management in Novozymes A/S B shares

In accordance with Section 28a of the Danish Securities Tradiing 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 transaction

Volume of transaction
Buy (+)/
Sell (-)

Value of transaction (DKK)
Steen Riisgaard President & CEO 14/09/10

Exercise of Options
(purchase of shares)

+766

129,454.00
14/09/10 Sale of shares -766 566,074.00