March 5 (Reuters) – Norsk Hydro Asa: * HYDRO TAKES NEW INITIATIVES TO RESOLVE ALUNORTE SITUATION. * HAS APPOINTED CFO EIVIND KALLEVIK AS INTERIM HEAD OF BAUXITE & ALUMINA WITH IMMEDIATE EFFECT, REPLACING SILVIO PORTO. * KALLEVIK WILL AT SAME TIME REMAIN IN HIS POSITION AS CFO. * WILL FURTHER COMMISSION AN INDEPENDENT REVIEW OF ALUNORTE BY AN INTERNATIONALLY RENOWNED ENVIRONMENTAL CONSULTANCY. * ANNOUNCED MEASURES TO ASSIST LOCAL COMMUNITIES IN BARCARENA, AND ESTABLISHED A PROJECT TO REVIEW AND CONSIDER FURTHER STRENGTHENING ROBUSTNESS OF WATER TREATMENT AT ALUNORTE, TO BE LED BY SILVIO PORTO. * INDEPENDENT REVIEW BY INTERNATIONALLY RENOWNED ENVIRONMENTAL CONSULTANCY IS EXPECTED TO ANNOUNCE ITS CONCLUSIONS AND ACTION PLANS DURING FIRST WEEK OF APRIL * REVIEW COMES IN ADDITION TO AN ALREADY ESTABLISHED EXPERT TASK FORCE LEADING A COMPREHENSIVE STUDY OF ALUNORTE, REPORTING DIRECTLY TO CEO. * HYDRO LATE ON FRIDAY DECLARED FORCE MAJEURE AT ALUNORTE
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