Norske Skog ASA

Transaction in Own Shares • Jun 28, 2010

Norske Skog sells excess power in southern part of Norway

Norske Skog has entered into an agreement to sell excess electricity to the

Norwegian company Elkem for NOK 800 million. The deal gives Elkem a yearly

supply of 1.5 TWh until 31 December, 2020. The power sold is being delivered in

southern part of Norway, where Norske Skog does not need it for its own

operations.

Please see the attached press release for more information.

Oxenøen, 28. June 2010

Norske Skog

Corporate communication

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

(Norwegian Securities Trading Act)

[HUG#1427623]