02 Apr 2003

MANDATORY NOTIFICATION OF TRADE

In connection with Norske Skog's bonus programme, a total of 9,569 shares have today been sold to a group in Norske Skog management. The shares represent half of each person's after-tax bonus. In accordance with agreements these shares are sold at the average share price during February 1 - 15, which was NOK 90.25.
 
In the management group, the following primary insiders have been allocated shares in the company (new holding):
 
Jarle Dragvik 242 shares (2,098 shares)
Claes-Inge Isacson 323 shares (6,343 shares)
Jan Kildal 235 shares (10,576 shares)
Sverre Landmark 243 shares (483 shares)
Vidar Lerstad 673 shares (3,980 shares)
Asbjørn Lundberg 238 shares (647 shares)
Ketil Lyng 316 shares (3,186 shares)
Rolf Negård 151 shares (653 shares)
Jan A. Oksum 253 shares (6,827 shares)
Hanne Aaberg 164 shares (1,189 shares)
 
Norske Skog's holding of its own shares, after this sale, is 682,983 shares.

Skogn, 02.04.2003
NORSKE SKOGINDUSTRIER ASA

Jarle Langfjæran
Vice President Investor Relations