Holmen

Board/Management Information • Sep 30, 2008

Press release

30 September 2008

Nomination Committee at Holmen

Holmen's Annual General Meeting has decided that the nomination committee shall consist of the Chairman of the Board and one representative of each of the company's three largest shareholders (in terms of voting rights) as of 31 August each year. The shareholders have now appointed the representatives on the nomination committee.

For the period until the 2009 AGM, Holmen's nomination committee will have the following members:

Fredrik Lundberg, Chairman of the Board Per Welin, L E Lundbergföretagen Alice Kempe, Kempe Foundations Håkan Sandberg, Handelsbanken incl. pension fund

The chairman of the Nomination Committee is Per Welin.

The 2009 AGM will be held in Stockholm on 24 March.

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 1.45 p.m. CEST on Tuesday 30 September 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