1. Landtransport kontra sjøtransport, hva påvirket valgene i Hydro Aluminium? Presented by Elisabeth Holmsen Ålesund 24. March 2010

2. Norsk Hydro Business Areas CEO Svein Richard Brandtzæg Energy Ola Sæter Primary Metal Hilde M. Aasheim Metal Markets Kjetil Ebbesberg Rolled Products Oliver Bell Extruded Products Johnny Undeli Projects Tom Røtjer

3. Casthouse Products Wire Rod Sheet Ingot Foundry Alloys Extrusion Ingot

4. L&D Casthouse outbound transport Various transportation modes in the Casthouse value chain Inbound Internal Outbound Customerslocations Suppliers Direct trucking Truck Liquid Remelt Casthouseproduction Rail Truck Sea Alloys Rail Scrap Internaltransport Stevedoring Loading Barge

5. Distribution pattern and volumes 2010

6. Direct trucking/train165 000 mt~ 6600 trucks Customerslocations Norwegian Casthouseproduction Truck 820 000 mt~32 500 trucks Sea transport1100 000 mt~ 550 Vessels Rail Truck Rail 22 000 mt Stevedoring Barge 260 000 mt Norwegian system Transport volumes Annual sales orders approx. 50.000

8. Procedures

9. Providers

11. Lead time

12. OTD

14. Port restraints

15. Truck capacity

16. Front haul/back haul

18. Exposure to weather

19. Load securing

23. Back haul / front haulÅrdal – Poland back haul Amsterdam – Poland front haul 1600 km / 1450 km 1650 km / 1300 km 1900 km / 1350 km

24. Order fulfillment timeline (leadtime) Norwegian sources -“Normal orders” - Make-to-Order production Production planning P Call off/Booking/Optimizing Shipment 12 11 10 9 8 7 6 5 4 3 2 1 1 2 3 4 5 6 7 8 9 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 20 19 18 17 16 15 14 13 Scandinavia – 14 days (EI) Trucking FA toCentral Europe3-4 weeks Continental Europe3.5-4 weeks Iberia4-5 weeks Mediterranean4-7 weeksItaly & Greece Production Seaborne Stevedoring Trucking Sales & Marketing; Metal Management Primary Metal Logistics & Distribution

27. Reasonably good vessel availability Continent: good truck availability - alternatives available

28. The choice Direct trucking to Central Europe The future preference A competetive vessel solution via a port in the Baltic

29. www.hydro.com