NEW MANAGER FOR ROTTNEROS BRUK

Daniel Bäcklin will remain in post as Managing Director for Rottneros Rockhammar AB until his retirement, which is scheduled for some time during 2005 at the earliest. Until then he will be concentrating on structural and organisational issues at Rockhammars Bruk, where the reins are being handed over to the next generation.

Upplands Väsby 19.03.2004

Further information: President and CEO Lars Blecko +46 (0)8 590 010 00 or +46 (0)70 64 14 910

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 AB 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 864 employees and a turnover of approximately SEK 2.5 billion.