Jefferson Smurfit Group's offer for Munksjö

Jefferson Smurfit Group's offer for Munksjö On 29 January 2002, the Board of Directors of Smurfit Holdings AB ("Smurfit"), a wholly owned subsidiary of Jefferson Smurfit Group plc, made an offer to the shareholders and holders of convertible loan notes in Munksjö AB (the "Offer"). The acceptance period expired on 12 March 2002. According to the Offer Document, the outcome of the Offer was expected to be announced on 14 March 2002. However, the process for determining the outcome of the Offer has not yet been completed and Smurfit intends to make an announcement as soon as possible, but not later than 18 March 2002. Any settlement of accounts will therefore be postponed accordingly. Stockholm, Sweden, 14 March 2002 Smurfit Holdings AB For further information: Gary McGann, COOtelephone+353 1 202 7000 Jefferson Smurfit Group plc Ian Curley, CFOtelephone+353 1 202 7000 Jefferson Smurfit Group plc Mary Finantelephone +353 1 669 0030 WH PR ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/03/14/20020314BIT01040/wkr0001.doc http://www.waymaker.net/bitonline/2002/03/14/20020314BIT01040/wkr0002.pdf