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.

Oxenøen, April 20, 2006

NORSKE SKOG
Investor Relations