AssiDomän proposes redemption af shares for SEK 12 billion

AssiDomän proposes redemption of shares for SEK 12 billion The Board of Directors of AssiDomän decided today to propose a transfer of approximately MSEK 12,000 to AssiDomän's shareholders. It is proposed that the transfer will be effected through redemption of shares. Redemption requires a resolution at a general meeting. The Board has therefore decided to convene an extraordinary general meeting in the autumn. Detailed terms for the redemption will be announced in connection with the extraordinary general meeting. The background is the now completed sale of Corrugated & Containerboard to Kappa Holdings for MSEK 10,410. The completion of structural deals has changed AssiDomän's main direction to focus on ownership, management and use of forest assets. The proposed transfer will adapt the capital structure to the nature and scope of the present operations. AssiDomän AB Corporate Communications 21 May 2001 For further information, please contact: Gunnar Palme, President and CEO, Tel.: +46 8 655 92 80 Berit Hallberg, SVP Corporate Communications, Tel.: +46 8 655 91 06 Peter Månsson, VP Investor Relations, Tel.: +46 8 655 92 78 ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/05/21/20010521BIT00410/bit0001.doc http://www.bit.se/bitonline/2001/05/21/20010521BIT00410/bit0001.pdf