OPERATIONS AT ROCKHAMMAR TIMBER TO CEASE AFTER NEGOTIATIONS WITH LOCAL UNIONS

After negotiations with the local unions Rottneros AB has decided to cease operations at Rockhammar Timber AB.

The company will now start negotiations with the union parties regarding the redundancies being a consequence of the decision.

Upplands Väsby, 16 September 2004

ROTTNEROS AB (Publ.)

For further information call CEO Lars Blecko, tel. +46 8 59 00 10 10

The Rottneros Group, listed on the Stockholm Stock Exchange, is one of the world’s leading non-integrated producers of market pulp. The Group includes the parent company Rottneros AB, five pulp mills in Sweden and Spain, a small sawmill as well as raw materials purchasing companies in Latvia and Portugal. The Group also has marketing companies in Germany and Belgium. Production capacity amounts to 700,000 tonnes. The Group has around 860 employees and turnover of approximately SEK 2,400 million.