Norsk Hydro: Reporting of Reclassified Historical Financial Information

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OSLO, NORWAY--(Marketwire - Jan 29, 2013) - Norsk Hydro ASA is reporting reclassifiedhistorical financial information (unaudited) due to the announced extrudedproducts joint venture with Orkla ASA. The reclassified financials arereleased to provide further details on the effects of reclassifyingExtruded Products as discontinued operations ahead of Hydro's forth quarterresults 2012 to be released on February 12, 2013.

Certain statements included within this announcement containforward-looking information, including, without limitation, those relatingto (a) forecasts, projections and estimates, (b) statements of management'splans, objectives and strategies for Hydro, such as planned expansions,investments 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 ofoperations, (f) margins, (g) growth rates, (h) risk management, as well as(i) statements preceded by "expected", "scheduled", "targeted", "planned","proposed", "intended" or similar statements.

Although we believe that the expectations reflected in such forward-lookingstatements are reasonable, these forward-looking statements are based on anumber of assumptions and forecasts that, by their nature, involve risk anduncertainty. Various factors could cause our actual results to differmaterially from those projected in a forward-looking statement or affectthe extent to which a particular projection is realized. Factors that couldcause these differences include, but are not limited to: our continuedability to reposition and restructure our upstream and downstream aluminiumbusiness; changes in availability and cost of energy and raw materials;global supply and demand for aluminium and aluminium products; worldeconomic growth, including rates of inflation and industrial production;changes in the relative value of currencies and the value of commoditycontracts; 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 beencorrect. Hydro disclaims any obligation to update or revise anyforward-looking statements, whether as a result of new information, futureevents or otherwise.

This information is subject of the disclosure requirements pursuant tosection5-12 of the Norwegian Securities Trading Act.

Norsk Hydro - Reclassified financials:http://hugin.info/106/R/1673882/544976.pdf

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(i) the releases contained herein are protected by copyright and otherapplicable laws; and

(ii) they are solely responsible for the content, accuracy and originalityof the information contained therein.

Source: Norsk Hydro via Thomson Reuters ONE

[HUG#1673882]

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