Relocation of Norske Skog's headquarters to Oslo

The President and CEO, Sven Ombudstvedt, has signed a lease contract for Norske Skog's new headquarters at Skøyen. The headquarters will be located centrally at Skøyen in Fram Eiendom's new building in 49 Karenslyst Allé in Oslo. The move will take place in early June 2013. Norske Skog has undergone a major reorganisation and downsizing in recent years, reducing the need for the large premises at Oxenøen. - Norske Skog is a very different company today than it was just a few years ago. Our intention is to have timely, efficient and pleasant premises, adapted to the number of employees and our current business, says Ombudstvedt. Norske Skog has had its headquarters at Oxenøen in the municipality of Bærum since 1998. Norske Skog and the landlord of the head office at Oxenøen (OBOS and Aspelin-Ramm) have agreed to terminate the current lease contract during June 2013. - We have been very pleased with the premises at Oxenøen, and wish to thank the landlord for good cooperation during the lease period, says Ombudstvedt. DNB Næringsmegling has assisted Norske Skog in the efforts to find new premises. Lysaker, 18 January 2012 Norske Skog, Communications and Public Affairs For further information: Norske Skog media: Norske Skog financial market: Vice President Corporate Communication Vice President Investor Relations Carsten Dybevig Tom Rogn Mob: +47 917 63 117 Mob: +47 948 55 659 This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Norske Skog via Thomson Reuters ONE [HUG#1671381]