The shares represent half of each person's after-tax bonus. In accordance with agreements these shares are sold at the average share price in the period February 1 - 15, which was NOK 130.60.

 

Bonus shares have to be kept for three years before they can be sold.

 

Norske Skog's holding of its own shares, after these sales, is 803,420 shares.

 

The following primary insiders have been allocated bonus shares in the company (new holding):

Jan Clasen 562 shares (1,304 shares)

Jarle Dragvik 637 shares (3,310 shares)

Antonio Dias 1,477 shares (2,297 shares)

Anne Kvam 185 shares (652 shares)

Vidar Lerstad 947 shares (5,496 shares)

Rob Lord 1,107 shares (2,893 shares)

Asbjørn Lundberg 197 shares (1,308 shares)

Ketil Lyng 703 shares (4,577 shares)

Rolf Negård 647 shares (1,689 shares)

Jan A, Oksum 984 shares (12,353 shares)

Hanne Aaberg 497 shares (2,151 shares)

 

Skogn, 06.04.2005
NORSKE SKOGINDUSTRIER ASA

Jarle Langfjæran
Vice President Investor Relations