18 Jan 2005

Norske Skog - Currency Items etc., Q4 2004

Norske Skog releases figures for Q4 2004 and full year on February 3rd, around 2 PM.

A conference call/webcast will be held at 5 PM the same day.  In addition, the IFRS-restated opening balance for 2004 will be reported and the major changes to it discussed.
The Silent Period ahead of the release starts on Thursday, January 20. We will not comment upon the Q4 figures during the Silent Period.
 
Norske Skog's trade-weighted basket of currencies (the "Norske Skog Index") had an average value of  88.3 in Q 4 2004, compared with an average value of 92.0 in Q3 2004. The value on December 31, 2004 was 87.5 compared with 90.7 on September 30, 2004. The starting point of this index is January 1, 2002.
 
Oxen°en, January 18, 2005
 
NORSKE SKOG
Investor Relations