DEMERGER ACCOMPLISHED - NEW YARA BOARD IN PLACE
24 March 2004 - Hydro Aluminium

The shares in the demerged Yara International ASA will be listed on the Oslo Stock Exchange on 25 March 2004, and the shares received in connection with the demerger will be tradeable from this date. The shares of Norsk Hydro ASA will trade excluding right to demerger shares in Yara International ASA from and including 25 March 2004.

In the extraordinary general meeting in Yara International ASA on 15 January 2004, the general meeting supported the proposal from the election committee of Norsk Hydro ASA for board members of Yara International ASA. As the demerger of Norsk Hydro ASA now has been consummated, the new board members have taken up their positions.

The board of directors of Yara International ASA now consists of the following members:

Øivind Lund (proposed Chairperson)
Lone Fønss Schrøder
Jørgen-Ole Haslestad
Åse Aulie Michelet
Leiv L. Nergaard
Frank Andersen, employee representative
Arthur Frank Bakke, employee representative
Charlotte Dyrkorn, employee representative

More News:
  • For March 2004
  • From Hydro Aluminium
  • For General