Verso Paper Corp. has announced that its indirect subsidiaries, Verso Paper Holdings LLC and Verso Paper Inc. (collectively, the "Issuers"), have extended the time and date of the expiration of their offer (the "Exchange Offer") to exchange up to $396,000,000 aggregate principal amount of the Issuers' 8.75% Second Priority Senior Secured Notes due 2019 that have been registered under the Securities Act of 1933 (the "Exchange Notes") for a like principal amount of the Issuers' outstanding 8.75% Second Priority Senior Secured Notes due 2019 (the "Old Notes") to 5:00 p.m., New York City time, on Thursday, August 4, 2011 (the "Expiration Date"), unless further extended. The Exchange Offer had been scheduled to expire at 5:00 p.m., New York City time, on Monday, August 1, 2011.

The terms of the Exchange Notes to be issued in the Exchange Offer are substantially identical to those of the Old Notes, except that the Exchange Notes are freely tradable by persons other than affiliates. Except for the new Expiration Date, all other terms, provisions and conditions of the exchange offer that are described in the Issuers' Registration Statement on Form S-4 declared effective by the Securities and Exchange Commission on June 30, 2011, will remain in full force and effect.

As of 5:00 p.m., New York City time, on August 1, 2011, the Issuers have been advised that holders of $395,248,000 aggregate principal amount of the Old Notes have tendered their Old Notes for exchange. The amount tendered represents approximately 99.8% of the outstanding Old Notes. Tendered Old Notes may be withdrawn at any time prior to the Expiration Date.

This press release is not an offer to exchange Exchange Notes for Old Notes, which the Issuers are making only through a prospectus. Copies of the prospectus and related documents may be obtained from Wilmington Trust Company, the exchange agent for the Exchange Offer, c/o Wilmington Trust Company, Corporate Capital Markets, 1100 North Market Street, Wilmington, Delaware 19890-1615.