20 Apr 2006

New reporting date and other information about Q1 2006

The publishing of Norske Skog's accounts for Q1 2006 has been changed to Wednesday, May 3, at 8:00 CET. Publishing was earlier announced to take place on Friday, May 5.

A live webcast will be held from Norske Skog's offices at 14:00 CET on May 3. More information about this event will be available on our web site www.norskeskog.com.

The Silent Period ahead of the release starts on Monday, April 24.

Q 1 figures
In region Australasia, the rebuilding of Albury has reduced production by 28,000 tonnes compared with Q 4, 2005. In addition, continued high energy costs has resulted in an EBIT for the region of approximately minus NOK 100 million in Q 1.
There are insignificant net effects from change in the value of energy hedging related to Norske Skog's energy contracts in Q 1, 2006.
Norske Skog's trade-weighted basket of currencies (the "Norske Skog Index") had an average value of 88.6 in Q 1, 2006, compared with 87.3 in Q4, 2005, and 88.6 in Q 1, 2005. The value on March 31, 2006, was 87.5, compared with 88.4 on December 31, 2005. The starting point of this index is January 1, 2002.

Oxen°en, April 20, 2006

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