Ultraviolet Property of Noncommutative Wess-Zumino-Witten Model

We construct noncommutative extension of the Wess-Zumino-Witten (WZW) model and study its ultraviolet property. The \beta-function of the U(N) noncommutative WZW model resembles that of the ordinary WZW model. The U(1) noncommutative model has also a nontrivial fixed point.