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Norske Skog ASA

Transaction in Own Shares Sep 2, 2010

3687_rns_2010-09-02_29bb5816-585f-4ee7-9bfd-88720a188fcc.html

Transaction in Own Shares

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Speculations about structural changes in the European newsprint industry

The Finnish newspaper Helsingin Sanomat refers today about speculations that

consolidation will take place in the European newsprint industry.

Norske Skog has on several occasions stated the need for restructuring of the

industry, and the company is willing to contribute to such an initiative.

Norske Skog does not wish to comment speculations and rumors about strategic

processes.

Oxenøen, 2 September 2010

Norske Skog

Corporate communication

For further information:

-----------------------------------+-----------------------------------

Media: | The financial market:

Vice president corporate affairs | Vice president investor relations

Carsten Dybevig | Jarle Langfjæran

Mob: +47 917 63 117 | Mob: +47 909 78 434

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

(Norwegian Securities Trading Act)

[HUG#1442292]

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