Derivatives:ADJUSTMENTS FOR DIVIDEND IN NORSK HYDRO (04/08)


The board of Norsk Hydro ASA (NHY) will at the AGM May 6th propose a NOK 5.00 cash dividend
with ex-date May 7th. 

If the proposal is approved, strike and forward prices regarding NHY will
be adjusted if the dividend amount exceeds 5% of the NHY price, see OMX Derivatives Markets
Rules and Regulations 4.43.8/4.46.6.3, and forward and option series will be assigned new ISIN
and marked with the letter X for deviating contract specifications.

Please see the attached file(s) for further information.

Attachments

wkr0003.pdf wkr0009.pdf