ROTTNEROS TO INCREASE PULP PRICES FOR CTMP

As of April 1st 2004 Rottneros will raise list prices for short fibre CTMP pulp in Europe to 500 USD/tonne. The price for long fibre CTMP will rise to 480 USD/tonne from the same date.

Like several other producers on the market Rottneros will also raise the price for the NBSK pulp quality from 620 USD/tonne to 640 USD/tonne in Europe.

The new prices are valid until further notice.

Upplands Väsby 24 March 2004

ROTTNEROS AB (Publ.)

For further information call CEO Lars Blecko, tel. +46 70 641 49 10

Rottneros is one of the world’s leading independent manufacturers of market pulp. The Group consists of the parent company, Rottneros AB, which is listed on the Stockholm Stock Exchange, along with its subsidiaries of Rottneros Rockhammar AB, Utansjö Bruk AB and Vallviks Bruk in Sweden as well as Rottneros Miranda, S.A. in Spain, with activities involving production and sales of market pulp, Rockhammar Timber AB, which produces and sells sawn timber, plus the raw materials purchasing company of Rottneros Baltic SIA in Latvia. The Group has a total of 864 employees and a turnover of approximately SEK 2.5 billion.