Dividend of NOK 10 approved by the Annual General Meeting


The Annual General Meeting of Norsk Hydro ASA has today adopted the board of directors' proposal to distribute a dividend of NOK 10 per share. The dividend will be paid on Wednesday, 22 May 2002 to shareholders who are listed in the company's register as of 2 May. Shares will be registered ex-dividend from 3 May inclusive, while American Depositary Receipts (ADR) have been registered ex-dividend since 30 April.

The following new members of the Corporate Assembly were elected: Idar Kreutzer, Ellen
Holager Andenæs, Sylvi A. Lem and Anne Merethe Steensland. The following are leaving the Corporate Assembly : Åse Bjøntegård, Kari Kveseth, Frøydis Langmark, Peter Lorange and Gisèle Marchand.