Norsk Hydro: Primary insiders purchase shares under Long Term Incentive program

Following approval by Norsk Hydro ASA's Annual General Meeting in 2010, the Board of Directors established a Long Term Incentive (LTI) in the form of a remuneration of 30 percent and 25 percent of annual base salary for the President and CEO and the other members of the Corporate Management Board. The LTI payment requires that Hydro has had a positive underlying EBIT in the previous year. The participants will be required to invest the net amount after tax in Hydro shares and such shares must be held for at least three years.

The following primary insiders have on May 14, 2012, acquired Hydro shares under the abovementioned program at NOK 33.25 per share.

Name	Acquired shares	New Holding
President and CEO Svein Richard Brandtzæg	23 820	90 967
Executive President and CFO Joergen C. Arentz Rostrup	10 881	34 083
Executive Vice President Tom Roetjer	9 829	39 975
Executive Vice President Wenche Agerup	9 243	30 180
Executive Vice President Hans-Joachim Kock	13 630	26 955
Executive Vice President Oliver Bell	16 043	30 458
Executive Vice President Kjetil Ebbesberg	10 009	18 342
Executive Vice President Arvid Moss	10 219	86 476
Executive Vice President Hilde Merete Aasheim	11 221	22 633
Executive Vice President Johnny Undeli	11 152	24 584

A total of 127,843 shares have been sold by Hydro to the participants in the Long Term Incentive program. Hydro holds 31,430,114 own shares after this transaction and the number of outstanding shares are 2,037,568,162.

Investor contact
Contact        Stian Hasle
Cellular       [phone]
E-mail          [e-mail]

Press contact
Contact      Halvor Molland
Cellular     [phone]
E-mail        [e-mail]

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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Source: Norsk Hydro via Thomson Reuters ONE

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