18 Jan 2013

Relocation of Norske Skog's headquarters to Oslo

The President and CEO, Sven Ombudstvedt, has signed a lease contract for Norske Skog's new headquarters at Skøyen. The headquarters will be located centrally at Skøyen in Fram Eiendom's new building in 49 Karenslyst Allé in Oslo. The move will take place in early June 2013.

Norske Skog has undergone a major reorganisation and downsizing in recent years, reducing the need for the large premises at Oxenøen.

- Norske Skog is a very different company today than it was just a few years ago. Our intention is to have timely, efficient and pleasant premises, adapted to the number of employees and our current business, says Ombudstvedt.

Norske Skog has had its headquarters at Oxenøen in the municipality of Bærum since 1998. Norske Skog and the landlord of the head office at Oxenøen (OBOS and Aspelin-Ramm) have agreed to terminate the current lease contract during June 2013.

- We have been very pleased with the premises at Oxenøen, and wish to thank the landlord for good cooperation during the lease period, says Ombudstvedt.

DNB Næringsmegling has assisted Norske Skog in the efforts to find new premises.

Lysaker, 18 January 2012
Norske Skog, Communications and Public Affairs

For further information:
Norske Skog media:
Vice President Corporate Communication
Carsten Dybevig
Mob: +47 917 63 117
Norske Skog financial market:
Vice President Investor Relations
Tom Rogn
Mob: +47 948 55 659

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.