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2003-08-15

Håkan Lindh Acting president of Iggesund Timber

Håkan Lindh, currently marketing manager at Iggesund Timber, has been
appointed acting president of the business area, through which the
Holmen Group conducts its sawn timber business.

Lindh will take up his new position on September 15, at which time he
will also join Holmen's Group management. He succeeds Johan Hedin, who
is leaving Holmen at his own request to pursue other business
activities.

Iggesund Timber had a turnover of MSEK 572 in 2002, and has some 85
employees in Sweden.

For further information, please contact Göran Lundin, President and CEO
of Holmen, or Thommy Haglund, Senior Vice President Human Resources. Tel
+46 8 666 21 00.



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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