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Management Side
Arctic Paper to Form a Group with a Leading Position in Europe
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Poznan, Poland 07 November 2012 -- Arctic Paper S.A. has announced a public offer to acquire all shares in Rottneros AB, a non-integrated and customized supplier of high quality paper pulp listed on NASDAQ OMX Stockholm. Rottneros’ Board of Directors has unanimously recommended the offer.

The combined group will be a leading European producer of bulky book paper, high-quality graphic fine paper and pulp for paper producers. In addition, it will remain a significant supplier of market pulp. The combined group will have a good balance between pulp production and consumption in the fine paper mills and thus be less volatile than the two companies as stand-alone entities. It will have four fine paper mills and two pulp mills.

Arctic Paper does not anticipate any material effects of the implementation of the offer for Rottneros’ business or employees, including employment conditions and employment levels at locations where Rottneros currently conducts business.
Until the completion of the offer, Rottneros and Arctic Paper will operate as two independent listed companies with their current boards and management teams, respectively.

A detailed press release describing the offer is available on www.arcticpaper.com.

Arctic Paper in brief

Arctic Paper has its roots in the Swedish Trebruk AB group, established in 1990 with Munkedal as one of the mills. Over time, Arctic Paper has expanded geographically to become the second-largest European producer of bulky book paper and one of Europe’s leading producers of fine graphic paper. Arctic Paper is a major purchaser of paper pulp, from which it produces numerous types of paper for printing houses, paper distributors, book and magazine publishing houses and the advertising industry.

The group’s paper mills are located in Sweden (Grycksbo and Munkedal), Poland (Kostrzyn nad Odra) and Germany (Mochenwangen) with a total annual production capacity of more than 800,000 tonnes of paper. Through fifteen wholly-owned sales and distribution companies, Arctic Paper has access to all European markets. In 2011, Arctic Paper employed close to 1,600 people and the consolidated sales revenue amounted to PLN 2,527 million (SEK 5,551 million). Arctic Paper is listed on the Warsaw Stock Exchange since 2009.

Rottneros in brief

Rottneros is an independent producer of high quality, customized paper pulp for the open market. It is well renowned for its ability to continuously adapt to meet increasing customer expectations by developing its products and maintaining high levels of delivery reliability, technical support and service.
Rottneros operates two pulp mills in Sweden, with a total annual production capacity of approximately 400,000 tonnes. In 2011, Rottneros employed around 300 people and the consolidated sales revenue amounted to SEK 1,513 million (PLN 689 million). Rottneros is listed on NASDAQ OMX Stockholm since 1987.



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