New President at Stora Paperboard

New President at Stora Paperboard Torbjörn Pettersson, currently President of the Stora Paperboard division and appointed to manage operations within Stora Enso's Packaging Boards division's Cartonboard business unit is to leave STORA. Ragnar Törner, currently Vice President of Stora Paperboard, has been appointed to succeed Torbjörn Pettersson as President of Stora Paperboard and to lead the Cartonboard business unit within Stora Enso. Mr. Törner will retain his profit responsibility at Stora Skoghall until further notice. Ragnar Törner will be based at Udden in Skoghall, Sweden Codetermination negotiations with employee representatives have been concluded. For further information, please contact: - Björn Hägglund, President and CEO, STORA, tel: +46 (0)70 528 2785 - Christer Ågren, Senior Vice President, Human Resources, STORA, tel: +46 (0)8 613 6600 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1998/12/16/19981216BIT00340/bit0001.doc http://www.bit.se/bitonline/1998/12/16/19981216BIT00340/bit0002.pdf

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