Novonesis AS — Share Issue/Capital Change 2011

May 19, 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.

Read the whole announcement