Hydro's Board of Directors resolved on 28 November 2003 to recommend to the company's shareholders a demerger and listing of Hydro's fertilizer business. The company has prepared a Demerger Information Memorandum, which has been approved by Oslo Stock Exchange. The Information Memorandum is available in English and Norwegian versions, and will be distributed to the company's shareholders. The documents may also be downloaded from www.hydro.com and www.huginonline.com.
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