Scribona's Year-End Report for the Fourth Quarter and Full Year 2002

Strong cash flow in a weak market


SOLNA, Sweden, Feb. 14, 2003 (PRIMEZONE) -- Scribona:

-- Net sales amounted to MSEK 12,808 (11,872) for the full year and MSEK 3,627 (3,819) for the fourth quarter of 2002.

-- Operating income for the full year reached MSEK 7 (-91) and the loss after tax was MSEK -33 (-120). Operating income for the fourth quarter amounted to MSEK 7 (48) and the loss after tax was MSEK -13 (12).

-- The cash flow from operating activities totaled MSEK 379 for the fourth quarter and MSEK 425 for the full year. The capital turnover rate improved significantly.

-- Scribona defended its market shares in all main segments.

-- Earnings per share for the full year amounted to SEK -0.65 (-2.56).

For additional information, please contact: Lennart Svantesson, President & CEO, telephone: +46-(0)8 734 35 76

Orjan Rebeling, Chief Financial Officer, telephone +46-(0)8 734 34 88

Anders Bley, Executive Vice President, telephone +46-(0)8-734 35 55

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The following files are available for download:

http://www.waymaker.net/bitonline/2003/02/14/20030214BIT01360/wkr0001.doc Full report

http://www.waymaker.net/bitonline/2003/02/14/20030214BIT01360/wkr0002.pdf Full report