Arctic Paper S.A. (“Arctic Paper”), the second-largest European producer of bulky book paper in terms of production volume and one of Europe’s leading producers of fine graphic paper, hereby announces its intentions in respect of the voting at the forthcoming Annual General Meeting of Rottneros AB (“Rottneros”).

The current Board of Directors of Rottneros has proposed that the Annual General Meeting of Rottneros to be held on March 22, 2013, resolves on a dividend of SEK 0.10 per share in Rottneros, corresponding to in aggregate SEK 15.3 million.

The dividend policy of Rottneros stipulates, among other things, that consideration should be taken to Rottneros dividend capacity over a business cycle. Rottneros was loss-making in 2012 and has been loss-making for a vast majority of the recent financial years. In Arctic Paper’s opinion, considering the financial results and the profitability level of Rottneros, the proposed dividend payment is not justifiable. Furthermore, Arctic Paper...