Share buyback program - Novozymes A/S B shares

On February 11, 2011, Novozymes initiated a share buyback program in accordance with the provisions of European Commission Regulation no. 2273/2003 of December 22, 2003, also referred to as the Safe Harbour Regulation.

Under the program Novozymes will buy back B shares for an amount of up to DKK 400 million in the period from February 11, 2011, to December 31, 2011.
 

The following transactions have been made under the program:

 
Number of
shares
 
Average purchase
price
Transaction value,
DKK
Accumulated,  
last announcement
 28,180
 
 
24,411,056
February 25, 2011
  1,000
755.18
     755,180
February 28, 2011
  7,950
758.00
  6,026,100
March 01, 2011
    900
762.48
     686,232
March 02, 2011
  2,282
759.42
  1,732,996
March 03, 2011
        0
        0
              0
Accumulated under the
program
40,312
 
30,611,564


Transactions related to Novozymes’ incentive programs have resulted in a net sale by Novozymes of 8,018 B shares in the period from February 25 to March 3. The shares related to these transactions were not part of the Safe Harbour share buyback program.
 

With the transactions stated above, Novozymes owns a total of 1,935,743 treasury shares, corresponding to 3.0% of the share capital. The total amount of shares in the company is 65,000,000, including treasury shares.
 
Contact persons:
Press and media:
Investor Relations:
René Tronborg (Europe)
Tel. (direct): +45 4446 2274
Tel. (mobile): +45 3077 2274
 
Paige Donnelly (USA)
Tel. (direct): +1 919 494 3209
Tel. (mobile): +1 919 218 4501
Tobias Bjorklund
Tel. (direct): +45 4446 8682
Tel. (mobile): +45 3077 8682
 
Martin Riise Nielsen
Tel. (direct): +45 4446 0738
Tel. (mobile): +45 3077 0738
 
Thomas Bomhoff (USA)
Tel. (direct): +1 919 494 3483
Tel. (mobile):  +1 919 649 2565