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New head of Investor Relations in Hydro

Rikard Lindqvist has been appointed head of Investor Relations in Hydro and will be responsible for Hydro's contact with investors and financial markets in Norway and abroad.

In his new position, Lundqvist will report to Executive Vice President and CFO Jørgen C. Arentz Rostrup.

Rikard Lindqvist (30) joined Hydro in 2007 and comes from a position as program manager in Portfolio Development in Hydro's Primary Metal business area. He has previously held positions within business development, strategy and industry analysis in Hydro.

Lindqvist holds a Master's degree in Economics from Lund University School of Economics and Management in Sweden.

He succeeds Stefan Solberg, who will take on a position as head of Finance in Precision Tubing in Hydro's Extruded Products business area in Lausanne, Switzerland.

The changes will take effect November 1, 2011