Norske Skog

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.

Norske Skog (OSL:NSG) On 23 June, Norske Skog announced that the company had entered into an agreement to sell the wholly owned subsidiary Norske Skog Korea to Morgan Stanley Private Equity Asia and Shinhan Private Equity. The transaction comprises the two newsprint mills Jeonju and Cheongwon, and is part of the work to reduce Norske Skog's net debt.

Norske Skog Norske Skog's gross operating profit before depreciation and special items was NOK 601 million in the second quarter of 2008, up from 489 million in the first quarter. Sales volumes increased by about four per cent.

Norske Skog The announcement of Norske Skog's accounts for the second quarter of 2008 will take place on Thursday, 7 August at 0800 hrs. There will be a presentation with webcast at the company's premises at 1300 hrs. on the same date. More information about this event will be published on Norske Skog's website www.norskeskog.com.

Norske Skog Audun Røneid (51) comes from the position as CFO in Davie Yards Inc. in Canada.

Norske Skog Norske Skog sells the 5.2 hectare property Ranheim Vestre in Trondheim Municipality to Maja Eiendom for NOK 72 million.

Norske Skog The farm Hauger Gård lies between Hvitsten and Son in Vestby municipality, and comprises 301.5 hectare. The property consists of woodlands and fields, in addition to two residential properties and nine vacation properties.

Norske Skog Norske Skog divests the former newsprint mill Norske Skog Steti in the Czech Republic to Mondi. The agreed purchase price reflects the book value of the fixed assets in the company.