Novonesis AS

Transaction in Own Shares • Mar 30, 2012

March 30, 2012

On January 20, 2012, 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 1,000 million in the period from January 20, 2012, 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	1,325,344		214,363,738
March 23, 2012 March 26, 2012 March 27, 2012 March 28, 2012 March 29, 2012	55,000 22,740 42,238 52,000 22,000	159.74 163.14 163.06 162.76 162.63	8,785,833 3,709,889 6,887,377 8,463,659 3,577,830
Accumulated under the program	1,519,322		245,788,326

Transactions related to Novozymes' incentive programs have resulted in a net sale by Novozymes of 21,280 B shares in the period from March 23, to March 29, 2012. 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 9,582,679 treasury shares, corresponding to 2.9% of the share capital. The total amount of shares in the company is 325,000,000 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 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

Novozymes is the world leader in bioinnovation. Together with customers across a broad array of industries we create tomorrow's industrial biosolutions, improving our customers' business and the use of our planet's resources. Read more at www.novozymes.com.

Telephone: +45 4446 0000 Fax: +45 4446 9999 Internet: www.novozymes.com CVR number: 10 00 71 27