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Ingalill Landfors, Senior Vice President and head of Group Human Resources at
Holmen, will retire on February 28, 2001.

Thommy Haglund has been appointed new Senior Vice President and head of
Group Human Resources. Haglund is at present Human Resources manager with
ABB Contracting AB. He will take up his position in May.

For further information, please contact:
Holmen’s President and CEO, Per Ericson, telephone +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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