Norske Skog

Norske Skog (OSL:NSG) Reference is made to the stock exchange release from Norske Skog dated 23 October, stating that all result effects after tax from sold units will be gathered under the item "Loss from discontinued operations". The figure totals around minus NOK 800 million.

Norske Skog (OSL:NSG) The announcement of Norske Skog's accounts for the third quarter of 2008 will take place on Thursday, 6 November at 0800 CET. There will be a presentation with webcast at the company's premises at 1300 CET on the same date. More information about this event will be published on Norske Skog's website www.norskeskog.com.

Norske Skog (OSL:NSG) In an interview today with news agency Bloomberg, CEO Christian Rynning-Tønnesen announced price increases for newsprint of 75 EUR/tonne in most European markets, and 100 EUR/tonne in the UK and certain other European markets. This is an increase of 15 to more than 20 per cent compared with the current price level.

Norske Skog (OSL:NSG) Norske Skog has bought back bonds totalling NOK 12 million (par value) in NSG 14 (NO 001 024 2548). This loan matures on October 26, 2009, and the bonds were bought at a price of 94.75.

Norske Skog (OSL:NSG) CHOREN Industries and Norske Skog have entered into an agreement for collaboration in the evaluation of second generation biofuel production in Norway.

Norske Skog (OSL:NSG) On 26 August 2008, Norske Skog announced that all outstanding matters concerning the completion of the sale of Norske Skog Korea to Morgan Stanley Private Equity Asia and Shinhan Private Equity had been clarified. Norske Skog confirms that the company today received the full settlement amount for the transaction. The sale of the property is part of the effort to reduce Norske Skog's debts.

Norske Skog (OSL:NSG) Norske Skog sells the Oxenøen property at Lysaker for NOK 429.5 million to a company owned by Aspelin Ramm and OBOS (Oslo Housing and Savings Society).

Norske Skog (OSL:NSG) Terry Hamilton (45) has been appointed senior vice president for Norske Skog's activities in Asia and Australasia. The appointment will be effective from 15 September.

Norske Skog (OSL:NSG) Senior vice president HR and organisation, Kristin Slyngstad Klitzing, has today bought 6 500 shares in Norske Skog at a price of NOK 30.70 per share. After this transaction, Kristin Slyngstad Klitzing owns 11 767 shares in Norske Skog.

Norske Skog (OSL:NSG) Norske Skog's president and CEO, Mr Christian Rynning-Tønnesen, has today bought 17 000 shares in Norske Skog at a price of NOK 27,90 per share. After this transaction, Mr Rynning-Tønnesen owns 33 120 shares in Norske Skog.