Sale of Shares to Employees OSLO, Norway, June 2 /PRNewswire-FirstCall/ -- In connection with sale of shares to employees of Norsk Hydro ASA, under a general arrangement offered to employees in Norway, 82 percent of the employees entitled to the offer have subscribed, and have been allocated 28 shares at NOK 212.25 per share. The total number of allocated shares is 285,152. The terms are according to Hydro's share purchase plan for employees in Norway. Norsk Hydro holds 8,115,198 own shares after this transaction. The following insiders have under the above mentioned scheme each acquired 28 shares: * President and CEO Eivind Reiten, new holding is 7,641 shares * Executive Vice President Alexandra Bech Gjorv, new holding is 900 shares * Executive Vice President John Ove Ottestad, new holding is 8,238 shares * Executive Vice President Tore Torvund, new holding is 3,280 shares * Executive Vice President Jon-Harald Nilsen, new holding is 270 shares * Employee representative to the Board of Directors Terje Friestad, new holding is 236 shares * Employee representative to the Board of Directors Geir Nilsen, new holding is 55 shares * Employee representative to the Board of Directors Odd Semstrom, new holding is 129 shares * Closely related to Executive Vice President Tore Torvund, Tone Steinseth, new holding is 360 shares Contact Tor Steinum Kjetil Bakken Telephone (+47) 22 53 27 31 +47 22 53 23 13 Cellular (+47) 95 08 39 33 +47 91 889 889 E-mail Norsk Hydro ASA Bygdoy alle 2 N-0240 Oslo Norway Telephone: (+47) 22 53 81 00 Fax: (+47) 22 53 27 25 http://www.hydro.com/ DATASOURCE: Norsk Hydro CONTACT: Tor Steinum, +47-22-53-27-31, or cellular - +47-95-08-39-33, , or Kjetil Bakken, +47-22-53-23-13, or cellular - +47-91-889-889, , both of Norsk Hydro, +47-22-53-81-00, Fax - +47-22-53-27-25 Web site: http://www.hydro.com/

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