SOURCE: Norsk Hydro

April 25, 2008 04:06 ET

Ordinary election of members and deputy members to the Corporate Assembly

OSLO, NORWAY--(Marketwire - April 25, 2008) -


The Nomination Committee has addressed the composition of the Corporate Assembly, including deputy members, in five meetings. Furthermore, the Nomination Committee has had conversations with representatives of several shareholders. Information about how shareholders may submit suggestions to the Nomination Committee is available on the company's internet pages.

In connection with the upcoming election, the Nomination Committee has emphasized continuity among the members of the Corporate Assembly, in addition to a certain renewal. In addition, the committee has emphasized a balanced gender representation and representation from different parts of Norway.

Members to the Corporate Assembly

At the company's Annual General Meeting in 2006, the following members of the Corporate Assembly were elected for a functional period of two years:

Svein Steen Thomassen (chair)*
Siri Teigum (deputy chair)**
Aase Gudding Gresvig
Westye Høegh
Idar Kreutzer
Anne Merete Steensland
Sten-Arthur Saelør
Lars Tronsgaard
Karen Helene Ulltveit-Moe
Svein Aaser
Anne-Margrethe Firing
Terje Venold

* Chair of the Corporate Assembly from 2004
** Deputy chair from 2004

These members are now up for election. Pursuant to Section 9 in the company's Articles of Association, members of the Corporate Assembly resign the year they reach the age of 70. The chair of the Corporate Assembly, Svein Steen Thomassen, will therefore not stand for re-election.

The Nomination Committee recommends the re-election of:

Siri Teigum
Westye Høegh
Idar Kreutzer
Anne Merete Steensland
Sten-Arthur Saelør
Lars Tronsgaard
Anne-Margrethe Firing
Terje Venold

The Nomination Committee recommends Siri Teigum as new chair of the Corporate Assembly.

Furthermore, the Nomination Committee recommends the following persons as new members of the Corporate Assembly:

Leif Teksum
Unni Steinsmo
Toril Nag
Hans Olav Karde

The Nomination Committee recommends that Leif Teksum be elected as new deputy chair of the Corporate Assembly.

Information about Teksum, Steinsmo, Nag and Karde is enclosed.


Deputy members to the Corporate Assembly

At the company's Annual General Meeting in 2006, the following deputy members of the Corporate Assembly were elected with a functional period of two years:

Wolfgang Ruch
Erik Garaas
Unni Steinsmo
Gunvor Ulstein

The Nomination Committee recommends that the following persons are elected as deputy members to the Corporate Assembly:

Gunvor Ulstein (re-election)
Anne Kverneland Bogsnes
Tove Wangensten
Jon Lund

Information about Ms. Bogsnes, Ms. Wangensten and Mr. Lund is enclosed.

All elections to the Corporate Assembly are made for a period of two years, pursuant to Section 7 in the company's Articles of Association.


Ordinary election to the Nomination Committee


At the company's Annual General Meeting in 2007, the following persons were re-elected as members of the Nomination Committee:

Svein Steen Thomassen (chair)
Siri Teigum
Westye Høegh
Reier Søberg

Pursuant to section 9 in the Articles of Association, Thomassen was elected for a period of one year. The others were elected for a period of two years.

Reier Søberg has requested permission to withdraw from the Nomination Committee following his appointment as Secretary General in the Ministry of Trade and Industry.


The Nomination Committee recommends that the following persons are elected as members to the Nomination Committee:

Siri Teigum (chair)
Leif Teksum
Westye Høegh
Mette Wikborg

Information about Mr. Teksum and Ms. Wikborg is enclosed.

The Nomination Committee suggests that the members of the Nomination Committee are elected for a period of two years, until 2010, in order to establish coinciding functional periods for the Corporate Assembly and the Nomination Committee.


                     Oslo, 23. april 2008

              Nomination Commitee Norsk Hydro ASA

                             * * *
Corporate Assembly and Nomination Commitee: http://hugin.info/106/R/1213403/252314.pdf

Contact:
Norsk Hydro ASA
Corporate@Hydro.com
T: 22 53 81 00
F: 22 53 20 26
www.hydro.com

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