Håkan Lindh Acting President of Iggesund Timber

Håkan Lindh Acting president of Iggesund Timber Håkan Lindh, currently marketing manager at Iggesund Timber, has been appointed acting president of the business area, through which the Holmen Group conducts its sawn timber business. Lindh will take up his new position on September 15, at which time he will also join Holmen's Group management. He succeeds Johan Hedin, who is leaving Holmen at his own request to pursue other business activities. Iggesund Timber had a turnover of MSEK 572 in 2002, and has some 85 employees in Sweden. For further information, please contact Göran Lundin, President and CEO of Holmen, or Thommy Haglund, Senior Vice President Human Resources. Tel +46 8 666 21 00. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/08/15/20030815BIT00600/wkr0001.doc http://www.waymaker.net/bitonline/2003/08/15/20030815BIT00600/wkr0002.pdf

About Us

Holmen’s business concept is to own and add value to the forest. The forest holdings form the basis of the business – an ecocycle in which the raw material grows and is refined into everything from wood for climate-smart building to renewable packaging, magazines and books. The forest is managed to provide a good annual return and stable value growth while our production operations are run with a focus on profitability and greater value added. In 2019 Holmen’s net sales were approx. SEK 17 billion and the group has approx. 3 000 employees. Holmen’s shares are listed on Nasdaq Stockholm, Large Cap. For more information, visit holmen.com.