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Appointment of bankruptcy trustee in Norske Skog companies

Oslo Byfogdembete (Oslo Bankruptcy Court) has on 19 December and 20 December 2017, appointed lawyer Tom Hugo Ottesen as bankruptcy trustee for the following companies: Norske Skogindustrier ASA Norske Treindustrier AS Norske Skog Holding AS Lysaker Invest AS Norske Skog Eiendom AS

In addition to the bankruptcy filing of Norske Skogindustrier ASA on 19 December 2017, the board of directors of Norske Treindustrier AS, Lysaker Invest AS, Norske Skog Eiendom AS and Norske Skog Holding AS have filed for bankruptcy at Oslo Byfogdembete (Oslo bankruptcy court) today, Wednesday 20 December 2017. The deadline for claims to the bankruptcy trustee is set to 23 January 2018. See the enclosed court order from Oslo Byfogdembete. Questions concerning the bankruptcy process and the bankruptcy estate must be addressed to the trustee: Attorney Tom Hugo Ottesen Kvale advokatfirma DA Office Address: Haakon VIIs Street 10, Oslo Postal Address: Kvale Advokatfirma DA, PO Box 1752 Vika, 0122 OSLO, Norway Phone: +47 22 47 97 00 Fax: +47 21 05 85 85 Questions to the estate should primarily be addressed via the following e-mail address if possible: The group's operational activities will continue in Norske Skog AS as normal with as little impact as possible from the bankruptcy proceedings of the above companies. The non-listed Norske Skog AS will be the new operating parent company of the Norske Skog group, and will continue the head office function that has been performed by Norske Skogindustrier ASA.

rkj / 01/02/2018

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