Mandatory notification of trade

Norske Skog has today sold 289 631 shares to employees in connection with the

annual share savings scheme. Norske Skog now has 41 862 treasury shares.

This year's scheme included one alternative with 10 per cent discount and a

maximum amount of NOK 15 000, and two other alternatives with 20 per cent

discount. The employees' share price was NOK 7.48 and NOK 6.65 respectively,

which is the average closing price in the period 3 - 7 May, less the 10 or 20

per cent discount.

In connection with this sale, the following primary insiders have purchased

shares (new holding):

Halvor Bjørken, 1 805 shares, share price NOK 7.48 (8 690)

Jan-H. Clasen, 1 805 shares, share price NOK 7.48 (8 972)

Knut Kårbø Erichsen, 902 shares, share price NOK 6.65 (6 506)

Terry Hamilton, 902 shares, share price NOK 6.65 (5 996)

Paul Ronny Kristiansen, 1 805 shares, share price NOK 7.48 (6 200)

Jarle Langfjæran, 1 805 shares, share price NOK 7.48 (12 231)

Asbjørn U. Lundberg, 1 805 shares, share price NOK 7.48 (7 440)

Inge Myrlund, 1 805 shares, share price NOK 7.48 (3 535)

Sven Ombudstvedt, 1 805 shares, share price NOK 7.48 (249 805)

Audun Røneid, 1 805 shares, share price NOK 7.48 (6 914)

Lars Peder Sperre, 1 805 shares, share price NOK 7.48 (7 700)

Ingrid Wiik, 1 805 shares, share price NOK 7.48 (8 003)

Oxenøen, 19 May 2010

Norske Skog

Corporate affairs

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1417087]

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