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
 161,468
 
 
128,529,750
May 06, 2011
          0
 
               0
May 09, 2011
          0
 
               0
May 10, 2011
    8,769
882.04     
   7,734,609
May 11, 2011
          0
 
               0
May 12, 2011
    4,580
877.98
   4,021,148
 
Accumulated under the
program
 
 174,817
 
 
140,285,507
 
Transactions related to Novozymes’ incentive programs have resulted in a net sale by Novozymes of 47,411 B shares in the period from May 6 to May 12. 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 1,885,354 treasury shares, corresponding to 2.9% 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