Hydro Applies for Delisting In Sweden

Hydro Applies for Delisting In Sweden 


OSLO, Norway, Feb. 13  /PRNewswire-FirstCall/ -- Hydro's Board today decided to
apply for delisting from the Swedish stock exchange Stockholmsborsen.

Hydro has been listed in Sweden since 1983 in the form of a depositary share
(SDB). In recent years, the turnover of this SDB has been very low, and the
approximately 230,000 issued SDBs amount to less than 15% of the total number of
Hydro shares held by Swedish investors. Viewed against this background, Hydro
finds that the costs related to the listing in Sweden can no longer be
justified.

The last trading day for Hydro SDB on Stockholmsborsen will be 24 March 2004,
which is also the last day before the Agri business area is planned demerged and
listed under the name Yara International ASA. The owners of Hydro SDBs at that
time will have the same rights to receive Yara shares as other shareholders.

The SDB programme will be phased out within the end of 2004.

After this, Hydro is listed on stock exchanges in Norway, USA, UK, France and
Germany.

   Contact   Kjetil Bakken             Tor Steinum
   Telephone [phone]           ([phone]
   Cellular  [phone]            ([phone]
   E-mail       

DATASOURCE: Norsk Hydro



CONTACT:  Kjetil Bakken, [phone], Cellular, [phone],

, or Tor Steinum, [phone], or Cellular,

[phone], 



Web site:  http://www.hydro.com/ 

Copyright