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2016-12-22

Norsk Hydro: Pedro José Rodrigues to leave Hydro Board of Directors

Pedro José Rodrigues will resign from the Hydro Board of Directors, effective
as of January 1, 2017.

Rodrigues, born in 1953, has been a member of the Hydro Board of Directors
since September 2012.

Investor contact
Contact Olena Lepikhina
Cellular +47 96853035
E-mailOlena.Lepikhina@hydro.com

Press contact
Contact Halvor Molland
Cellular +47 92979797
E-mailHalvor.Molland@hydro.com
Certain statements included in this announcement contain forward-looking
information, including, without limitation, information relating to (a)
forecasts, projections and estimates, (b) statements of Hydro management
concerning plans, objectives and strategies, such as planned expansions,
investments, divestments, curtailments or other projects, (c) targeted
production volumes and costs, capacities or rates, start-up costs, cost
reductions and profit objectives, (d) various expectations about future
developments in Hydro's markets, particularly prices, supply and demand and
competition, (e) results of operations, (f) margins, (g) growth rates, (h)
risk management, and (i) qualified statements such as "expected",
"scheduled", "targeted", "planned", "proposed", "intended" or similar.

Although we believe that the expectations reflected in such forward-looking
statements are reasonable, these forward-looking statements are based on a
number of assumptions and forecasts that, by their nature, involve risk and
uncertainty. Various factors could cause our actual results to differ
materially from those projected in a forward-looking statement or affect the
extent to which a particular projection is realized. Factors that could cause
these differences include, but are not limited to: our continued ability to
reposition and restructure our upstream and downstream businesses; changes in
availability and cost of energy and raw materials; global supply and demand
for aluminium and aluminium products; world economic growth, including rates
of inflation and industrial production; changes in the relative value of
currencies and the value of commodity contracts; trends in Hydro's key
markets and competition; and legislative, regulatory and political factors.

No assurance can be given that such expectations will prove to have been
correct. Hydro disclaims any obligation to update or revise any
forward-looking statements, whether because of new information, future events
or otherwise.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Norsk Hydro via Globenewswire

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