Trading by management in Novozymes A/S B shares

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 Søren H. Jepsen​
of close relation
Employee representative,
Board of Directors​
Trading date Dec. 29, 2010   ​
Character of transaction
Purchase of employee shares​
Transaction volume, buy (+)/sell (-)
Transaction value, DKK +22,848.90