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Torstein Dale Sjøtveit to head the Aluminium Metal business area

March 27, 2006, 15:00 CEST

Following last week's signing of the joint venture agreement with Qatar Petroleum to develop and operate a world-class smelter in Qatar, Jon-Harald Nilsen will take the overall responsibility for Hydro's interests in the project and the joint venture company Qatalum. Torstein Dale Sjøtveit will take over as head of Aluminium Metal.

Torstein Dale Sjøtveit will join Hydro’s Corporate Management Board as Executive Vice President effective April 1. As of the same date Jon-Harald Nilsen will leave Hydro’s Corporate Management Board.

Dale Sjøtveit (50) has held several management positions in Hydro’s business areas, including several years of international assignments. Dale Sjøtveit comes from the position as head of the Primary Metal sector in Aluminium Metal.

The Aluminium business area was divided into two separate business areas earlier this year. The Aluminium Metal area employs around 6,000 people and consists of the Primary Metal and the Metal Products sectors.