Final results of Billerud's rights issue

Final results of Billerud's rights issue

The final results of Billerud's rights issue show that 50,535,616 shares,
representing approximately 98 percent of the offered shares, were subscribed for
with subscription rights. The 955,954 shares that were not subscribed for with
subscription rights have been allocated to persons who have applied for
subscription of shares without preferential rights and who have also subscribed
for shares with subscription rights, whereby allotment has been made pro rata in
proportion to the number of subscription rights that have been used for
subscription of shares. Since the applications for subscription of shares
without subscription rights (approximately 52.6 million shares) well exceed the
number of shares that remain to be allocated after allocation has been made of
the shares that have been subscribed for with subscription rights (955,954
shares), allocation of these shares will only be made to those who have also
subscribed for shares with subscription rights. Notification regarding
allocation based on subscription of shares without preferential rights will be
sent to those who have been allocated shares. Through the rights issue Billerud
will receive proceeds amounting to approximately MSEK 978 before issue costs. 

Through the rights issue, the number of shares in Billerud increase by
51,491,570 to 104,834,613 (including Billerud's own holding). The share capital
increases to SEK 774,173,065 through the rights issue, and after completed
reduction of the share capital and bonus issue.

The new shares subscribed for with subscription rights are expected to be
registered with the Swedish Companies Registration Office (“SCRO”) on October 2,
2009 and to start trading on NASDAQ OMX Stockholm on October 6, 2009. Shares
subscribed for without preferential rights are expected to be registered with
SCRO on October 9, 2009 and to start trading on October 12, 2009. 

Financial and legal advisors
Danske Markets, Handelsbanken Capital Markets, Nordea Corporate Finance and SEB
Enskilda are acting as financial advisors and Joint Lead Managers for the rights
issue and Cederquist as legal advisor to Billerud.

For further information please contact
Per Lindberg, president and CEO, +46 8 553 335 01 or +46 70 248 15 17
Bertil Carlsén, CFO, +46 8 553 335 07 or +46 73 021 10 92


The information above includes that which Billerud AB (publ) is required to
publish under the Swedish Securities Exchange and clearing Operations Act. The
information was submitted for publication on October 1, 2009 at 13:15 CET.

IMPORTANT NOTICE
In certain jurisdictions, the publication or distribution of this press release
may be subject to legal restrictions and persons in those jurisdictions where
this press release has been published or distributed should inform themselves
about and abide by such legal restrictions.
This press release is not directed at persons located in the United States,
Canada, Australia, Hong Kong, Japan or in any other country where the offer or
sale of the subscription rights, interim shares or new shares is not permitted.
This press release may not be published or distributed, directly or indirectly,
in or into the United States, Canada, Australia, Hong Kong, Japan or any other
country where such action is wholly or partially subject to legal restrictions
or where such action would require additional prospectuses, other offer
documentation, registrations or other actions in addition to what follows from
Swedish law. Nor may the information in this press release be forwarded,
reproduced or disclosed in such a manner that contravenes such restrictions or
would require such additional prospectuses, other offer documentation,
registrations or other actions. Failure to comply with this instruction may
result in a violation of the United States Securities Act of 1933, as amended
("Securities Act") or laws applicable in other jurisdictions.
This press release does not contain or constitute an invitation or an offer to
acquire, sell, subscribe for or otherwise trade in shares, subscription rights
or other securities in Billerud AB (publ).
No BTAs (interim shares) or new shares will be registered under the Securities
Act or any provincial act in Canada and may not be transferred or offered for
sale in the United States or Canada or to persons resident in Canada or on
account of such persons other than pursuant to an exemption from, or in a
transaction not subject to, the registration requirements of the Securities Act
or in such exempt cases that do not require registration in accordance with any
provincial act in Canada, respectively.

Billerud is a packaging paper company with a business concept to supply
customers with innovative and high quality packaging paper. A consistent
concentration on attractive market segments and a strong customer focus are
cornerstones of Billerud's strategy. Billerud focuses on kraft paper and
containerboard and has a world-leading position within several product segments.
The company's production units are among the most cost-efficient in Europe for
these products.