Norske Skog

Norske Skog In connection with the annual sale of shares to employees, 147 more shares than originally ordered were allocated to one person. These shares are now returned to Norske Skog at the price of NOK 14, which was the price to employees. Norske Skog's holding of own shares is 294,090 shares after this transaction.

Norske Skog Norske Skog has entered into a definitive agreement to sell Norske Skog Korea Co. Ltd., its Korean Subsidiary for NOK 4.3 billion (USD 830 million) to Morgan Stanley Private Equity Asia and Shinhan Private Equity. The transaction includes the two newsprint mills Jeonju and Cheongwon, and is part of the process to reduce Norske Skog's net debt.

Norske Skog Norske Skog has the following financial calender for 2009:

Norske Skog Xynergo's first objective is to build a prototype plant for the production of synthetic diesel based on woody biomass at Norske Skog Follum in Norway. Such diesel will be virtually CO2 neutral. Moreover, fuel production based on woody biomass means that the raw materials will not compete or conflict with food production.