Selection Committee Nominates Jan Reinas as New Hydro Chairperson

Selection Committee Nominates Jan Reinas as New Hydro Chairperson 


OSLO, Norway, Dec. 17  /PRNewswire-FirstCall/ -- The selection committee in
Norsk Hydro gives a unanimous recommendation that the Corporate Assembly elects
Jan Reinas as new chairperson of the board at its meeting on 16 March 2004. Jan
Reinas has been CEO of the paper group Norske Skog since 1994, and will step
down from this position at the end of 2003. Reinas is a business economist and
has previously also been CEO of the airline SAS. He is currently a member of the
board in the media group Schibsted ASA, in the Norwegian National Union of
Chemical Industry (PIL) and in the Confederation of Norwegian Business and
Industry (NHO). He has previously been chairman of the board in the bank
Sparebanken Midt-Norge, the postal administration and the railway and transport
company NSB.

Hydro's present chairperson, Egil Myklebust, notified the selection committee in
November that he did not wish to be reelected at the end of the electoral period
in the spring of 2004. 

DATASOURCE: Norsk Hydro



CONTACT: Tor Steinum, [phone], Cell: [phone],

, or Cecilie Ditlev-Simonsen, [phone],

Cell: [phone], , both of Norsk Hydro



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

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