New president at Stora Cell

Lennart Holm, President of Stora Cell AB, has decided to take up an appointment outside the STORA Group, effective July 1, 1997. Bert Östlund, currently Managing Director of Stora Celbi in Portugal, has been named to succeed Lennart Holm as President of Stora Cell. Bert Östlund has been employed within the STORA Group since 1980. He has worked for Stora Cell since 1987, and as Managing Director of Stora Celbi since 1992. He will take up his new position on July 1, 1997.