Hydro's Sale of Scanraff-Part Concluded

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Share Name	Share Symbol	Market	Type
Lucapa Diamond Company Ltd	TG:NHY	Tradegate	Ordinary Share

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	0.04	0.0355	0.0385				0.00	06:37:44

Hydro's Sale of Scanraff-Part Concluded

17/12/2003 12:33pm

PR Newswire (US)

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Hydro's Sale of Scanraff-Part Concluded OSLO, Norway, Dec. 17 /PRNewswire-FirstCall/ -- Norsk Hydro and Preem Petroleum have today concluded the agreed transfer of Hydro's 25 percent share in the Scanraff refinery at Lysekil in Sweden to Preem. Preem already owns the remaining 75 percent share in the refinery. The agreement between the companies was signed in September this year, but one condition has been approval by the competition authorities of the European Union. Such approval was given early in December. In connection with the conclusion of the transaction, Hydro and Preem have agreed to reduce the previously agreed price of NOK 1,4 billion by approximately NOK 40 million. DATASOURCE: Norsk Hydro CONTACT: Tor Steinum, +47-22-53-27-31, or cellular, +47-95-08-39-33, , or Hege Marie Norheim, +47-22-53-81-25, or cellular, +47-95-70-64-27, , both of Norsk Hydro Web site: http://www.hydro.com/