The following sell-side analysts follow Hydro:

Company	Analyst	Telephone
ABG Sundal Collier	Martin Melbye  Petter Nystrøm	+47 22 01 61 37 +47 22 01 61 35
Agilis Færder Securities	Are Grongstad	+47 22 47 11 07
Argo Securities	Henrik Schultz  Marianne S. Bjørnsen	+47 24 14 74 26 +47 24 14 74 46
Arctic Securities	Eivind Bergkåsa	+47 48 40 32 28
Carnegie	Tom Christian Jandal	+47 22 00 93 53
Citigroup	Jon Bergtheil	+44 207 986 4453
Dahlman Rose	Anthony B. Rizzuto	+1 212 702 4502
Deutsche Bank	Rob Clifford	+44 207 545 8339
DnBNOR	Gudmund Halle Isfeldt	+47 22 94 89 27
Exane BNP Paribas	Pascal Salewyn	+33 1 42 99 24 88
First Securities	Hans-Erik Jacobsen  Magnus Dybvad	+47 23 23 82 54 +47 23 23 82 39
Goldman Sachs	Peter Mallin-Jones	+44 207 774 1695
Handelsbanken	Anne Gjøen	+47 22 94 07 22
HSBC Bank	Thorsten Zimmermann	+44 207 991 6835
JP Morgan Cazenove	Amos Fletcher  Ben Defay	+44 207 155 5398  +44 207 325 9231
Merrill Lynch	Jason Fairclough  Daniel Lian	+44 207 995 0225 +44 20 7996 2636
Morgan Stanley	Markus Almerud	+44 207 425 9870
Nordea	Morten Normann	+47 22 48 79 69
Orion Securities	Aleksandr Solovjov	+370 52 46 19 68
Pareto	Samir Bendriss	+47 22 87 88 20
RS Platou Markets	Bengt Jonassen	+47 22 01 63 75
SEB Enskilda	Arnstein Wigestrand	+47 21 00 85 16
Standard & Poor's	Christine Tiscareno	+44 207 176 7838
Unicredit	Jonathan Schroer	+49 89 378 12416