Norsk Hydro publishes an information memorandum in connection with its acquisition of Orkla's 50 percent interest in Sapa. The information memorandum is attached hereto.The information memorandum was approved by the Oslo Stock Exchange on 31 July 2017.

The main sections of the information memorandum are: risk factors, description of the transaction, description of Hydro including selected financial information, brief description of Sapa and unaudited pro forma condensed combined financial information for Hydro and Sapa.

Hydro is publishing the information memorandum in accordance with section 3.5 of the continuing obligations for companies listed on the Oslo Stock Exchange.

Investor contactContact     Stian HasleCellular    +47 97736022E-mail     Stian.Hasle@hydro.com

Press contactContact     Halvor MollandCellular    +47 92979797E-mail     Halvor.Molland@hydro.com

Cautionary note 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 as a result 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.

Attachments:

http://www.globenewswire.com/NewsRoom/AttachmentNg/cedd0560-272f-4fa4-a596-baedf3ce4c86

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