SEK 150 MILLION DEBENTURE

Rottneros AB today issued a SEK 150 million debenture to the Nordic Investment Bank in the form of a registered private placement. The debenture has a term of 8 years and a variable interest rate. The debenture is issued through Danske Bank in its capacity as arranger.

The Rottneros Group, listed on the Stockholm Stock Exchange, is one of the world’s leading non-integrated producers of market pulp. The Group includes the parent company Rottneros AB, five pulp mills in Sweden and Spain, as well as raw materials purchasing companies in Latvia and Portugal. The Group also has marketing companies in Germany and Belgium. Production capacity amounts to 700,000 tonnes. The Group has around 860 employees and turnover of approximately SEK 2,400 million.

“The issue of the new debenture strengthens Rottneros’ financial structure by diversifying the Group’s loan portfolio,” says Executive Vice President and CFO Anders Byström. “Cooperating with the Nordic Investment Bank and Danske Bank improves our position as regards financing.”

Upplands Väsby, Sweden, 27 October 2004

Rottneros AB (Publ.)

Further information: Anders Byström, Chief Financial Officer, +46 (0)70-641 49 14

The Rottneros Group, listed on the Stockholm Stock Exchange, is one of the world’s leading non-integrated producers of market pulp. The Group includes the parent company Rottneros AB, five pulp mills in Sweden and Spain, as well as raw materials purchasing companies in Latvia and Portugal. The Group also has marketing companies in Germany and Belgium. Production capacity amounts to 700,000 tonnes. The Group has around 860 employees and turnover of approximately SEK 2,400 million.

About Us

Rottneros is an independent producer of market pulp. The Group comprises the parent company Rottneros AB, listed on NASDAQ Stockholm, and its subsidiaries Rottneros Bruk AB and Vallviks Bruk AB with operations involving the production and sale of market pulp. The Group also includes Rottneros Packaging AB, which manufactures fibre trays, and the wood procurement company Rottneros Baltic SIA in Latvia. The Group has just over 280 employees and had a turnover of approximately SEK 1.7 billion in the 2016 financial year.

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