SOURCE: Novo Nordisk A/S

August 24, 2009 08:19 ET

Novo Nordisk A/S: Transaction in Own Shares

BAGSVAERD, DENMARK--(Marketwire - August 24, 2009) - Novo Nordisk A/S - Share repurchase programme

On 7 August 2009 Novo Nordisk initiated its share repurchase programme in accordance with the provisions of the European Commission's regulation no 2273/2003 of 22 December 2003, also referred to as the Safe Harbour rules.

Under the programme Novo Nordisk will repurchase B shares for an amount up to DKK 2.4 billion in the period from 10 August 2009 to 18 December 2009.

Since the announcement as of 17 August 2009, the following transactions have been made under the programme:

                      Number of shares    Average     Transaction
                                       purchase price value, DKK
Accumulated, last
announcement                   375,000                116,994,750
17 August 2009                  75,000       317.1800  23,788,500
18 August 2009                  75,000       313.8000  23,535,000
19 August 2009                  75,000       310.9590  23,321,925
20 August 2009                  75,000       314.7100  23,603,250
21 August 2009                  75,000       317.6400  23,823,000
Accumulated under the
programme                      750,000                235,066,425

Transactions related to Novo Nordisk's incentive programmes have resulted in a net sale by Novo Nordisk of 41,650 B shares in the period from 17 August 2009 to 21 August 2009. The shares in these transactions were not part of the Safe Harbour repurchase programme.

With the transactions stated above, Novo Nordisk owns a total of 25,586,808 treasury shares, corresponding to 4.1% of the share capital. The total amount of shares in the company is 620,000,000 including treasury shares.

Novo Nordisk is a healthcare company and a world leader in diabetes care. In addition, Novo Nordisk has a leading position within areas such as haemostasis management, growth hormone therapy and hormone replacement therapy. Novo Nordisk manufactures and markets pharmaceutical products and services that make a significant difference to patients, the medical profession and society. With headquarters in Denmark, Novo Nordisk employs more than 27,900 employees in 81 countries, and markets its products in 179 countries. Novo Nordisk's B shares are listed on the stock exchanges in Copenhagen and London. Its ADRs are listed on the New York Stock Exchange under the symbol 'NVO'. For more information, visit novonordisk.com.

Further information:

Media:                 Investors:

Outside North America: Outside North America:
Elin K Hansen          Mads Veggerby Lausten
Tel: (+45) 4442 3450   Tel: (+45) 4443 7919
ekh@novonordisk.com    mlau@novonordisk.com

                       Kasper Roseeuw Poulsen
                       Tel: (+45) 4442 4471
                       krop@novonordisk.com

In North America:      In North America:
Sean Clements          Hans Rommer
Tel: (+1) 609 514 8316 Tel: (+1) 609 919 7937
secl@novonordisk.com   hrmm@novonordisk.com


Company Announcement no 51 / 2009

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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