Peter Buckley appointed President and CEO of Korsnäs Packaging

Peter Buckley appointed President and CEO of Korsnäs Packaging The Korsnäs' Board of Directors has appointed Mr. Peter Buckley as the new President and CEO of the Korsnäs Packaging Group. Mr. Buckley has worked for the Jefferson Smurfit Group during the last 14 years in a number of international management positions and is currently responsible for Smurfit's European sack converting business. He is a Business Administration graduate from University College Cork in Ireland. The Korsnäs Packaging company which currently has sack converting operations in 14 European countries as well as in the USA will be headquartered in Paris. Mr. Buckley will report to the President and CEO of Kinnevik. Gävle January 5, 2001 KORSNÄS AKTIEBOLAG For further information please contact: Vigo Carlund, President and CEO of Kinnevik, phone +46 8 562 000 00 ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/01/05/20010105BIT00140/bit0001.doc http://www.bit.se/bitonline/2001/01/05/20010105BIT00140/bit0002.pdf