LARS BLECKO LEAVES ROTTNEROS

CEO of Rottneros Lars Blecko has been appointed CEO of the cash handling company Loomis, subsidiary of Securitas. Securitas aims to list Loomis on the stock market in 2008. Lars Blecko has been CEO of Rottneros since autumn of 1999.

- The years with Rottneros have been extremely exciting and intensive. Rottneros has developed from a traditional pulp producer with individual mills into a modern group that is entering the packaging industry. This contributes to that our strong dependence of external factors such as the dollar rate which has substantially moved both up and down now during my years as CEO is decreasing, says Lars Blecko. The reason for me leaving Rottneros is that I have received an exciting opportunity to lead the development of an advanced service company with over 20 000 employees and operations all over Europe and USA.

- I am sad to see Lars Blecko leave Rottneros however understand that he wants to take on new challenges after eight years with us, says Rottneros’ Chairman of the Board Bengt Nordin.

The assignment of recruiting a new CEO has begun.

For more information please contact Chairman of the Board, Bengt Nordin, +46 (0)8 590 010 00

Rottneros is one of the world’s leading independent producers of market pulp. The Group consists of the parent company, Rottneros AB, which is listed on the OMX Nordic Exchange in Stockholm, along with its subsidiaries Rottneros Bruk AB, Rockhammars Bruk AB, Utansjö Bruk AB and Vallviks Bruk AB in Sweden as well as Rottneros Miranda, S.A. in Spain, with activities involving production and sales of market pulp; the Group also includes the raw materials purchasing companies Rottneros Baltic SIA in Latvia and Rottneros Madeira in Portugal, as well as the sales company Rottneros S.A. in Belgium. The Group has established a new business area, Rottneros Packaging, for production of pulp-based packaging materials for food use. With approximately 750 employees, the Group has a turnover of approximately SEK 2.7 billion