Holmen

Report Publication Announcement • Jan 31, 2008

31 January 2008

Holmen's Nomination Committee proposes re-election of Board

Holmen's Nomination Committee proposes to the Annual General Meeting re-election of the present Board members Fredrik Lundberg (who is also proposed for re-election as Chairman), Lilian Fossum, Magnus Hall, Carl Kempe, Curt Källströmer, Hans Larsson, Ulf Lundahl, Göran Lundin and Bengt Pettersson.

The Nomination Committee also proposes re-election of KPMG Bohlins AB as the company's auditor.

The Nomination Committee's other proposals will be presented in the notice to the Annual General Meeting.

Holmen's 2008 AGM will be held in Stockholm at 04.00 hrs p.m CET on 2 April.

For further information, please contact the Nomination Committee's Chairman, Per Welin. Tel +46 70 658 85 49.

In its capacity as issuer, Holmen AB is releasing the information in this press release in accordance with Chapter 17 of the Swedish law (2007:528) regarding the securities market. The information was distributed to the media for publication at 14.00 hrs CET on Thursday 31 January 2008.

Holmen AB (publ) Postadress/Postal address Besöksadress/Visiting Telefon/Telephone Fax Koncernstab Information Box 5407 address Strandvägen 1 +46 (0)8 666 21 00 +46 (0)8 666 21 30 Group Public Relations SE-114 84 Stockholm Stockholm Sweden Sweden Org. nummer/Registration Säte/Registered Office E-post/E-mail No. 556001-3301 Stockholm info@holmen.com