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Holmen's reporting in 2004 will be as follows:

3 February Year-end Report for 2003

29 April Interim Report, January - March

18 August Interim Report, January - June

28 October Interim Report, January - September

The Annual General Meeting will be held on 30 March.

The Annual Report for 2003 will be distributed at the beginning of

The Holmen Group

Holmen is a forest industry group that manufactures printing paper, paperboard and sawn timber and runs forestry and energy production operations. The company’s extensive forest holdings and its high proportion of energy production are strategically important resources for its future growth.

Holmen AB

Tel: 08-666 21 00

E-post: info@holmen.com

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