ROTTNEROS TO INCREASE PULP PRICES FOR CTMP

As of March 1st 2003 Rottneros will raise list prices for short fibre CTMP pulp in Europe by 40 USD/tonne to 470 USD/tonne. The price for long fibre CTMP will raise by 30 USD to 430 USD/tonne. This is the second price increase this year. So far this year prices for all CTMP qualities were increased by 60-70 USD/tonne.

Like several other producers on the market Rottneros will also raise the price for the NBSK pulp quality from 480 USD/tonne to 520 USD/tonne in Europe.

Increased demand, especially for CTMP, in the beginning of this year has allowed for price raises.

Upplands Väsby 19 February 2003

ROTTNEROS AB (Publ.)

For further information call CEO Lars Blecko, tel. 070-641 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 878 employees and a turnover of approximately SEK 2.7 billion.