Norske Skog has announced to employees and stakeholders in New Zealand that due
to the likely irreversible and rapid negative impact that COVID-19 has had on
the newsprint industry in the region, the group has engaged in a broad process
to identify alternative production options to reposition the Tasman newsprint
mill at Kawerau industrial site in New Zealand.

Norske Skog will perform a strategic review process for the Tasman newsprint
mill, which is located at the Kawerau industrial site close to the east coast of
the North Island. The mill has a total annual production capacity of 150,000
tonnes. Several options for the long term future of this industrial site are
being considered. Once a preferred option is identified, a proposal will be put
forward for consultation with employees at the mill. One option, which is
currently being developed, is to establish a BCTMP (bleached chemical
thermo-mechanical pulp) facility at the mill site. KPMG has been engaged to
assist Norske Skog with the review process. 


About Norske Skog
Norske Skog is a world leading producer of publication paper with strong market
positions and customer relations in Europe and Australasia. The Norske Skog
Group operates four mills in Europe of which two will produce recycled
containerboard following planned conversion projects. In addition, the Group
operates two publication paper mills and a pellets facility in Australasia.
Norske Skog aims to further diversify its operations and continue its
transformation into a growing and high-margin business through a range of
exciting fibre projects. The Group has approximately 2,300 employees in five
countries, headquartered in Norway and listed on the Oslo Stock Exchange under
the ticker NSKOG.


For further information
Norske Skog media:
Vice President Corporate Communication and Public Affairs
Carsten Dybevig
carsten.dybevig@norskeskog.com 
Mob: +47 917 63 117
Twitter: @Norske_Skog

Norske Skog investor relations:
Investor Relations Manager
Even Lund
even.lund@norskeskog.com 
Mob: +47 906 12 919