Year-end report 2004

- Group turnover amounted to MSEK 1,354.1 (MSEK 1,664.2) - Result after tax reported as MSEK -92.4 (-112.6) The result is charged with MSEK 50 (14) restructuring costs. - Result per share reported as SEK -11.18 (-13.62) - Operating profit reported as MSEK -108.4 (-123.0) - A weak market has affected the result negatively during the fourth quarter. - The real estate sale at Mölndal is nearing completion and strengthens the group’s liquidity and solidity. A binding offer has been accepted. - The acquisition of Papeteries de Maresquel is expected to be completed on 28 February 2005. - The assessment remains that the group's solidity, after the real estate sale in Mölndal and the purchase of Papeteries de Maresquel, amounts to more than 30%. - The new MD and group CEO Thomas Billing takes up his appointment on 1 March 2005. For further information, please contact Ragnar Quarnström, Managing director, on tel +46 (0)771-11 00 00 or Anders Ljunge, Finance director on tel +46 (0)435-291 64.