Korsnäs Holding AB has today purchased a total of 2,526,078 shares in Korsnäs AB

Korsnäs Holding AB, a wholly owned subsidiary to Industriförvaltnings AB Kinnevik, has today purchased a total of 2,526,078 shares in Korsnäs AB according to the arbitration dated March 25th 1999 between the Company and its minority shareholders. Consequently, Korsnäs Holding AB has 96.03% of the capital and 98.08% of the votes corresponding to 43,943,540 Series "A" shares and 7,543,681 Series "B" shares in Korsnäs AB. th Stockholm, September 7 , 1999 INDUSTRIFÖRVALTNINGS AB KINNEVIK For further information: Thomas Jönsson +46-8 562 000 00 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/09/07/19990907BIT00550/bit0001.doc http://www.bit.se/bitonline/1999/09/07/19990907BIT00550/bit0002.pdf