Earlier start for Bong´s direct distribution of Tyvek(R) Envelopes

PatrikPatrikEarlier start for Bong's direct distribution of Tyvek Envelopes On September 28 it was announced that Bong would cease its sales co-operation with Eurotrade Ltd. re. Tyvek envelopes and service the market directly as from April 1, 2002. It has now been agreed to shorten the transfer period and Bong will start its direct sales already on January 2, 2002. Bong is a 50% shareholder in Eurotrade. Following a share sales and purchase agreement that was signed yesterday, Bong will on January 2, 2002, sell its 50% shareholding in Eurotrade to the owner of the other 50%, the Curtis group. Bill Callcut, currently General Manager in Eurotrade will at the same date assume the responsibility as Sales and Marketing Manager for Bong's Tyvek envelope program. Tyvek envelopes are envelopes made of Tyvek lightweight, rip- proof, super-strong material and are part of Bong's protective packaging program ProPac. Kristianstad 2001-12-13 Bong Ljungdahl AB (publ.) Lennart Pihl President and CEO For further information, please contact Lennart Pihl, President and CEO. Telephone: +46 44 20 70 00, mobile +46 70 594 68 66 Bong is a fast growing international envelopes company. The Group has an annual turnover of some SKr 2.5 billion, approximately 1,800 employees and an annual production capacity of some 16 billion envelopes at its factories in Sweden, Denmark, Norway, Finland, Germany, Great Britain, Ireland, Belgium, Poland and Estonia. In recent years, Bong has played an active part in the ongoing process of restructuring in the European envelope industry and sees useful opportunities for further expansion and development. Bong is a public company and the shares are listed on The Stockholm Stock Exchange "O" list. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/12/13/20011213BIT00840/bit0001.doc http://www.waymaker.net/bitonline/2001/12/13/20011213BIT00840/bit0001.pdf

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