Owners of 28.7 percent of the shares in Rottneros have undertaken to accept Arctic Paper’s recommended public offer

This press release may not, directly or indirectly, be distributed or published in Australia, Hong Kong, Japan, Canada, New Zealand, South Africa or the United States. The offer is not being made to (and acceptances will not be accepted from) persons in those countries or elsewhere where their participation requires further documentation, filings or other measures in addition to those required by Swedish law.

This press release has been published in Swedish and English. In the event of any discrepancy between the language versions, the Swedish version shall prevail.

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9 November 2012 at 8:00 CET.

Danske Bank A/S and DNB Bank ASA, holders of, in aggregate, 12,902,546 shares in Rottneros AB (“Rottneros”), corresponding to 8.5 percent of all shares and votes in Rottneros, have undertaken to accept the public offer to acquire all shares in Rottneros announced by Arctic Paper S.A. (“Arctic Paper”) on 7 November 2012 (the “Offer”).

Friday, 9 Nov, 2012