20 Apr 2004

CURRENCY ITEMS, Q 1 2004

Norske Skog releases 1st quarter figures on May 4th , between 1 and 2 PM. A conference call will be held at 3 PM the same day. The Silent Period ahead of the release starts on Wednesday, April 21.
Norske Skog's trade-weighted basket of currencies (the "Norske Skog Index") had an average value of 94.5 in Q 1 2004, as against an average value of 90.0 in Q 4 2003. The value at March 31, 2004 was 93.3 as against 90.6 at December 31, 2003. Starting point of this index is January 1, 2002.
 
Oxen°en, April 20, 2004
NORSKE SKOG
Investor Relations