Weak result for Norske Skog in 2005 - structural measures expected to improve profitability in 2006

As expected, results for Norske Skog were weak in the fourth quarter and 2005 as a whole. Comparable gross operating earnings were NOK 975 million for the fourth quarter, as against NOK 1 071 million in the preceding three months, and NOK 4 056 million for the full year compared with NOK 4 303 million in 2004.

Q4-2005 Press release