20 Feb 2006

CFO to leave Norske Skog

Christian Rynning-Tønnesen is to leave his present job as senior vice president finance and chief financial officer of Norske Skog to become president and CEO of the Agder Energi power utility.

He joined Norske Skog as CFO in April 2005 from a similar position at Statkraft - the State power utility. The date of his departure has not been decided, and he will remain in his current position until further notice.
In addition to his main duties as CFO, Rynning-Tønnesen will continue to have a special responsibility for restructuring work at the closed Norske Skog Union mill south of Oslo through a project called "Klosterøya - new opportunities".
"This has been a difficult decision for me," Rynning-Tønnesen says. "I've been part of an inspiring and highly competent team in Norske Skog, which I'm going to miss."
Jan Oksum, president and CEO of Norske Skog, says that Rynning-Tønnesen has made an important contribution to the company's corporate management team.
"I regret his departure, but nevertheless understand why he has accepted the challenging job of leading Agder Energi," says Oksum.
Norske Skog
Corporate Communications

For further information:
Vice President, Investor Relations
Jarle Langfjæran
Mob: +47 909 78 434 
Communication Manager, Corporate Communications
Tom Bratlie
Phone: +47 67 59 93 34
Mob: +47 905 21 904