Distribution of Billerud - Preliminary timetable

Distribution of Billerud - Preliminary timetable AssiDomän intends to distribute to its shareholders shares in Billerud corresponding to 70% of the total number of shares in the company. The shares will comprise AssiDomän's original 50% of the company and the 20% acquired from Stora Enso after Stora Enso exercised its sales option to AssiDomän in accordance with the agreement between AssiDomän and Stora Enso in November 2000. The decision on distribution was made at the Annual General Meeting on 22 May 2001. The Meeting gave the Board a mandate to decide on distribution subject to certain conditions, including approval for listing of Billerud on the Stockholm Stock Exchange. The Exchange's Listing Committee will make a decision on this matter on 31 October. A preliminary timetable for listing Billerud is as follows The Listing Committee's decision on approval October 31 Listing decision October 31 Listing prospectus available on Billerud´s website November 1 Distribution of printed prospectus November 5 First trading day for AssiDomän ex Billerud November 14 Settlement date for allocation November 16 Trading starts in Billerud shares November 20 Sveaskog has recently announced a public offer to acquire all the shares in AssiDomän. Part of Sveaskog's payment for AssiDomän is intended to comprise shares in Billerud, corresponding to the Swedish State's holding in Billerud after the distribution (35.3% of 70%, i.e. 24.7% of all the shares in Billerud). If the Swedish State follows the proposed timetable, AssiDomän's shareholders will receive the State's shares in Billerud as well as cash payments on 28 December 2001. AssiDomän AB Corporate Communications 16 October 2001 Further information on Billerud is available on Billerud's website www.billerud.com and for information regarding Sveaskog's offer to shareholders in AssiDomän, see Sveaskog's website www.sveaskog.se. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/10/16/20011016BIT00520/bit0001.doc http://www.waymaker.net/bitonline/2001/10/16/20011016BIT00520/bit0001.pdf