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
   485,507
 
 395,336,572
 
   
 
   
October  28, 2011
         800
825.00
       660,000
October  31, 2011
         400
807.46
       322,984
November 1, 2011
         500
780.03
       390,015
November 2, 2011
November 3, 2011
         800
         600
813.03
804.55
       650,424
       482,730     
 
Accumulated under the
Program
 
   488,607
 
 
 397,842,725
Transactions related to Novozymes’ incentive programs have resulted in a net sale by Novozymes of 2,845 B shares in the period from October 28 to November 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 2,036,720 treasury shares, corresponding to 3.1% 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
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