Annica Bresky to leave Holmen

Annica Bresky, who up to now has been head of business area at Iggesund
Paperboard, is leaving Holmen to take up a new position at Stora Enso as head of
their Consumer Board division. Annica Bresky will leave her position with
immediate effect.

The process of recruiting a new business area manager for Iggesund Paperboard
will be initiated. President and CEO Henrik Sjölund will act as head of business
area until further notice.

For more information, please contact:
Ingela Carlsson, communications director, Holmen, tel. +46 70 212 9712

This information is information that Holmen AB is obliged to make public
pursuant to the EU Market Abuse Regulation. The information was submitted for
publication, through the agency of the contact person set out above, on 31
October 2016 at 08.00 CET.
Holmen is a forest industry group that manufactures paperboard, paper and wood
products and runs forestry and energy production operations. In 2015 Holmen’s
net sales were SEK 16 billion and the group has approx. 3,300 employees.
Holmen’s shares are listed on Nasdaq Stockholm, Large Cap. For more information,
visit www.holmen.com