Novonesis AS — Major Shareholding Notification 2012

Nov 9, 2012

In accordance with section 29 of the Danish Securities Trading Act, Novozymes
hereby announces that it has been informed that Baillie Gifford & Co, together
with its wholly owned subsidiary Baillie Gifford Overseas Limited, has
decreased its holding of B shares in Novozymes to 7.56%, previously reported at
7.64% (a decrease of 0.08%).

Baillie Gifford & Co, together with its wholly owned subsidiary Baillie Gifford
Overseas Limited, now holds B shares in Novozymes A/S to a total of 24,556,257
shares of a nominal value of DKK 49,112,514, equivalent to 7.56% of Novozymes
A/S’ share capital and 3.04% of the voting rights. The announcement is a result
of Baillie Gifford Overseas Limited, a wholly owned subsidiary of Baillie
Gifford & Co, increasing its holding of B shares in Novozymes A/S to a total of
16,349,463 B shares of a nominal value of DKK 32,698,926, equivalent to 5.03%
of Novozymes share capital.