Norske Skog's gross operating earnings were NOK 642 million in the third quarter of 2009, up from NOK 568 million in the second quarter, but NOK 70 million lower than the same period in 2008. Third-quarter improvements were a result of lower costs and higher sales volumes. Net interest bearing debt was reduced by NOK 2.2 billion in the third quarter.

 

See attached press release and board of director's report.

 

Oxenøen, 5 November 2009.

 

Norske Skog
Corporate communication