Management trading no. 2

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 Per Falholt
Relation/
Category
of close relation
EVP & CSO
Trading date Jan. 25, 2011   ​
Character of transaction
Exercise of Options
(purchase of shares​)
Transaction volume, buy (+)/sell (-)
+32,614​
Transaction value, DKK +16,143,930