Norske Skog's CEO Christian Rynning-Tønnesen has been named "European
CEO of the year for the pulp and paper industry".

RISI, the leading analysis and information provider for the global
forest products industry, is responsible for the award which is based
on input from and interviews with financial analysts and
administrators. The prize is awarded each year, and Rynning-Tønnesen
will accept the award during an event to be held in Berlin on 29-31
March 2009.

In its reasoning for the award, RISI notes the financial and
operational restructuring that Norske Skog has implemented under the
leadership of Christian Rynning-Tønnesen. The jury makes particular
mention of the sale of Norske Skog's activities in Korea in 2008.

"This is a nice recognition after a period of much hard work by a
united Norske Skog team, says Christian Rynning-Tønnesen.

Christian Rynning-Tønnesen came to Norske Skog in 2005 and has been
CEO since June 2006. In 2006, Norske Skog started a global NOK 3
billion improvement program which was completed at the end of 2008.
In addition, sales of activities and properties helped the company to
reduce its net debt by more than NOK 4 billion in 2008.

"Christian Rynning-Tønnesen leads an organisation that has
implemented a very extensive improvement program in recent years,
making Norske Skog much better equipped to meet the future, both
operationally and financially. A lot of hard work remains, but the
distinction of "European CEO of the year" is most definitely
well-deserved," says Norske Skog's chair of the board, Kim Wahl.

See also the enclosed press release from RISI.

Oxenøen, 26 January 2009

Norske Skog
Corporate affairs



For more information:
Media:
Vice president corporate affairs
Tom Bratlie

Mobile: +47 905 21 904


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