Nippon Paper Group, Inc. announces that it will perform a 100-for-1 share split and adopt a new stock unit system, trading in units of 100 shares to dispose of odd-lot shares. These actions are part of its preparation for the transition to the Electronic Share Certificate System scheduled to take place on January 5, 2009.

In connection with these steps, trading in shares of Nippon Paper Group, Inc. will be suspended on the Tokyo Stock Exchange, the Osaka Securities Exchange and the Nagoya Stock Exchange during the period from Thursday, December 25, 2008 to Tuesday, December 30, 2008.