KLIPPAN AB is increasing its capacity for coloured office paper

KLIPPAN AB is increasing its capacity for coloured office paper KLIPPAN AB, the leader in Europe in the area coloured office paper, is investing MSEK 6.5 in a new packaging line for coloured office paper. The company's strengthened market position is the background for the increase in capacity. The co-ordination with the paper mill at Mölndal, acquired from Stora Enso in April, has been well received by customers. KLIPPAN AB's position on the market has been further strengthened, which has led to the packaging unit at Klippan is also now being expanded. The investment will mean a greatly increased capacity for coloured office paper in modern, user-friendly packages. "We are happy that the response from our customers to the acquisition of the mill in Mölndal has been so positive. The investment is one step in our concentration on our most prioritized business segment, and equips us to meet further increases in demand", says Bengt Östensson, President of KLIPPAN AB. Klippan, 11 September 2002 KLIPPAN AB For further information, please contact: Bengt Östensson, President KLIPPAN AB, tel +46(0)435 291 01, mobile +46(0)705 95 86 27 KLIPPAN AB produces graphic, office and speciality paper, mainly for the European markets. The production capacity is 200,000 tons and almost 80 percent is exported. Sales during the first six months of 2002 amounted to MSEK 622, with profit after financial items of MSEK 34. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/09/12/20020912BIT00050/wkr0001.doc http://www.waymaker.net/bitonline/2002/09/12/20020912BIT00050/wkr0002.pdf

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KLIPPAN AB manufactures, develops and markets fine and special paper and cardboard.