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
 143,914
 
 
113,389,988
April 29, 2011
          0
 
               0
May 02, 2011
    1,724
862.14
   1,486,329
May 03, 2011
    5,830
867.69     
   5,058,633
May 04, 2011
  10,000
859.48     
   8,594,800
May 05, 2011
          0
 
               0
 
Accumulated under the
program
 
161,468
 
 
 128,529,750
 
Transactions related to Novozymes’ incentive programs have resulted in a net sale by Novozymes of 89,693 B shares in the period from April 29 to May 05. 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 1,919,416 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