Rottneros — Capital/Financing Update 2009

Jun 16, 2009

PRESS RELEASE

Rottneros AB (publ) Box 600, 194 26 Upplands Väsby, Sweden Tel +46 8-590 010 00 www.rottneros.com

Upplands Väsby, 16 June 2009

Discussions with new financier broken off

In the light of an industrial investor having registered an interest, under certain circumstances, in becoming the new principal owner of Rottneros, the company – in dialogue with its creditors – has drawn up a proposal for a new financial structure. The proposed structure has not been accepted and the discussions with the projected investor have been broken off. The company's discussions with its principal owner and the creditors are continuing, with a view to reaching agreement on a new financial structure. A preferential rights issue for shareholders is an important component of such an agreement.

For further information please contact: Ole Terland, President and Chief Executive Officer, +46 8-590 010 00

NB

This information is such that Rottneros must disclose in accordance with the Swedish Securities Markets Act. The information was submitted for publication on 16 June 2009 at 12.00 CET.

Rottneros is an independent producer of market pulp. The Group comprises the parent company Rottneros AB, listed on NASDAQ OMX Stockholm, and its subsidiaries Rottneros Bruk AB and Vallviks Bruk AB in Sweden and Rottneros Miranda, S.A. in Spain, all with operations involving the production and sale of market pulp. The Group also includes the wood procurement companies Rottneros Baltic SIA in Latvia and Rottneros Madeiras in Portugal, and the sales company Rottneros S.A. in Belgium. The Group also has a new division, Rottneros Packaging, which produces food packaging made from paper pulp. The Group has around 630 employees and an annual turnover of approximately SEK 2.9 billion (2008 financial year).