New member of Corporate Management Board

Odd Ivar Biller

(March 29, 2007) Odd Ivar Biller, general counsel of Hydro, has been appointed executive vice president in charge of legal affairs and will join the company's Corporate Management Board as of April 1.

Biller (57) has worked in Hydro since 1980, the past 15 years as legal director and eight years as head of legal functions in Hydro’s oil and gas division. He was earlier director general at the Norwegian Finance Ministry’s tax law department.

In addition to legal affairs, Biller will have the responsibility for Hydro’s Corporate Social Responsibility department.

The Corporate Management Board of “new” Hydro, following the planned merger of oil and gas activities with Statoil, will comprise:

• Eivind Reiten, President and Chief Executive Officer
• Svein Richard Brandtzæg, Aluminium Products
• Torstein Dale Sjøtveit, Aluminium Metal
• Jørgen C. Arentz Rostrup, Power
• Tom Røtjer, Projects
• Cecilie Ditlev-Simonsen, Communication
• John Ove Ottestad, Finance

A new Executive Vice President responsible for human resources and organizational development will be appointed shortly.