KLIPPAN AB - New Chief Financial Officer Gunnar Nyqvist, MBA, (54) has been appointed as acting Chief Financial Officer/Head of Finance & IT Department with effect from November 10, 2003. Gunnar Nyqvist has held CFO positions within various Swedish companies and most recently as CFO of Becker-Acroma Group. From the same date Kenneth Nellros will leave his position. Ragnar Quarnström Managing Director For further information please contact Ragnar Quarnström, Managing Director, tel +46 (0)435-291 01. KLIPPAN is a leading producer of speciality graphic papers and operates three paper mills with a combined capacity of 200,000 tons per annum. The mills are located in Klippan, Lessebo and Mölndal, all in the south of Sweden. ------------------------------------------------------------ This information was brought to you by Waymaker The following files are available for download:

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