09 Feb 2009

Speculations regarding possible sale of paper mills

South China Morning Post has published an article speculating on a possible sale of Norske Skogs paper mills in China.
 
Norske Skog has, on several occasions, stated that the company is evaluating divestments of assets to reduce Norske Skogs net debt.
 
One of the alternatives under consideration is a sale of the mills in China. Preliminary processes have been started, but at this stage there is nothing concrete to report.
 
Possible transactions in China or elsewhere will be published according to standard procedures for such communication. Norske Skog has no additional comments to this matter.
 
Oxenøen 9 February 2009
 
Norske Skog
Corporate affairs