Holmen's Annual General Meeting - Dividend of SEK 12 per share

Holmen's Annual General Meeting - Dividend of SEK 12 per share

Holmen's AGM held on Wednesday resolved in favour of paying a dividend of SEK 12
per share for the 2007 financial year.

The AGM re-elected Fredrik Lundberg, Lilian Fossum, Magnus Hall, Carl Kempe,
Curt Källströmer, Hans Larsson, Ulf Lundahl, Göran Lundin and Bengt Pettersson
to the Board. Fredrik Lundberg was re-elected Chairman of the Board.

KPMG Bohlins AB was re-elected by the AGM as the company's auditor. George
Pettersson, authorised public accountant, has been appointed principal auditor.

The AGM resolved in favour of mandating the Board for the period until the next
AGM to make decisions to buy back the company's own shares via the stock market.
They may buy back up to 10% of the total number of shares in the company. The
Board was also mandated to make decisions to use bought-back shares as
settlement for acquisitions or to finance such acquisitions. The 2007 AGM gave
the Board a corresponding mandate.

The AGM also resolved in favour of the Board's proposal to introduce an
incentive scheme for the Holmen Group's approximately 5,000 employees. The
scheme involves the employees being invited to acquire call options on shares in
Holmen at market price. The intention is that Holmen's undertaking within the
scheme will be guaranteed through the buy back of the company's own shares. The
maximum number of call options to be issued will correspond to around 1.2% of
the total number of shares in issue and to around 0.3% of the number of votes in
Holmen AB. The incentive scheme also requires the approval of L E
Lundbergföretagen AB's AGM.	

The address to the AGM by Magnus Hall, President and CEO, is available on our
website www.holmen.com 


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 18.00 hrs CET on Wednesday 2 April 2008.