Year-end report 2013

                                Quarter           Full year
   SEKm                   4-13     3-13   4-12    2013    2012
Net turnover             3 938    3 939  4 276  16 231  17 852
Operating profit excl.     338      326    271   1 209   1 713
items affecting comp.*
Operating profit           338      326     78   1 069   1 520
Profit after tax           230      207    902     711   1 853
Earnings per share, SEK    2.7      2.5   10.7     8.5    22.1
Return on equity, %        4.5      4.1   17.7     3.4     9.3

* Items affecting comparability are impairment losses and restructuring costs at
Holmen Paper (Q1 2013: SEKm -140, Q4 2012: SEKm -193).

  · Profit after tax for 2013 was SEK 711 million (2012: 1 853). Profit for the
previous year was affected by a non-recurring income of SEK 911 million
resulting from a reduction in corporate tax rate.
  · Earnings per share totalled SEK 8.5 (22.1). Return on equity was 3.4 per
cent (9.3).
  · The Board proposes a dividend of SEK 9 (9) per share.
  · Operating profit excluding items affecting comparability totalled SEK 1 209
million (1 713). The decline was attributable to a stronger Swedish krona, lower
selling prices for printing paper and production disruptions at Iggesund
Paperboard.
  · Compared with the third quarter, operating profit rose by SEK 12 million to
SEK 338 million. Implemented rationalisations have compensated for a loss in
volume as a result of the shutdown of printing paper machines.
  · The market situation for paperboard was good. Demand for printing paper
continued to decline but the market balance for newsprint is good as a result of
shutdowns. Price increases were implemented at the turn of 2013/2014. The market
for sawn timber remained weak.
  · Magnus Hall, Holmen President and CEO, has informed the Board of his wish to
resign. Henrik Sjölund, currently CEO of Holmen Paper, has been appointed to be
his successor. The change will take place in connection to the AGM April 8.

For further information please contact:
Magnus Hall, President and CEO, tel. +46 8 666 21 05
Anders Jernhall, CFO, tel. +46 8 666 21 22
Ingela Carlsson, Communications Director, tel. +46 70 212 97 12

This is information that Holmen AB is obliged to disclose under the Swedish
Securities Market Act and/or the Swedish Financial Instruments Trading Act. The
information was distributed to the media for publication at 08.00 CET on
Thursday February 13, 2014.