Verso Paper Corp. (NYSE: VRS) announced that the New York Stock Exchange, in accordance with its usual practice, contacted the company in view of unusual market activity in Verso’s common stock today. At the close of trading on the NYSE today, the price of Verso’s common stock was $1.44 per share, an increase of $0.33, or 30%, from the previous day’s closing price of $1.11 per share. In responding to the NYSE, Verso stated that its policy is not to comment on unusual market activity in its common stock.
Based in Memphis, Tennessee, Verso Paper Corp. is a leading North American producer of coated papers, including coated groundwood and coated freesheet, and specialty products. Verso’s paper products are used primarily in media and marketing applications, including magazines, catalogs and commercial printing applications such as high-end advertising brochures, annual reports and direct-mail advertising. Additional information about Verso is available on the Company’s website at www.versopaper.com. References to “Verso” or the “company” mean Verso Paper Corp. and its consolidated subsidiaries unless otherwise expressly noted.
Robert P. Mundy, 901-369-4128
Senior Vice President and
Chief Financial Officer
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