Novonesis AS

Transaction in Own Shares • Mar 4, 2011

March 4, 2011

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,	28,180		24,411,056
last announcement
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	40,312		30,611,564
program

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.

Press and media:	Investor Relations:
René Tronborg (Europe)	Tobias Bjorklund
Tel. (direct): +45 4446 2274	Tel. (direct): +45 4446 8682
Tel. (mobile): +45 3077 2274	Tel. (mobile): +45 3077 8682
Paige Donnelly (USA)	Martin Riise Nielsen
Tel. (direct): +1 919 494 3209	Tel. (direct): +45 4446 0738
Tel. (mobile): +1 919 218 4501	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.

Company announcement no. 13, 2011			Page 1 of 1
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