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Regulatory
Press release
22 Sep 2003, 15:27 CET

Write-down of share capital

Write-down of share capital On 6 May 2003 the Billerud AB's Annual General Meeting decided to write down the company's share capital with 4,831,000 already acquired shares. This write-down has now been carried out. Following the write-down, the share capital amounts to SEK 723, 874,975 and the total number of shares is 57,909,998, each of which is worth a nominal SEK 12.50. As of 22 September 2003, shares are distributed as follows: Total no. of registered shares 57,909,998 Shares bought back and owned by Billerud 1,443,000 Shares on the market 56,466,998 Convertible debenture (on full conversion 268,047 Shares on the market (after full conversion) 56,735,045 Stockholm 22 September 2003 Billerud AB (publ) Bert Östlund President & CEO For further information, please contact: Bert Östlund, President & CEO, +46 8 553 335 00 or +46 70 518 2757 Nils Lindholm; CFO, +46 8 553 335 07 or +46 70 217 5225 For further information about Billerud, please visit www.billerud.com. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/09/22/20030922BIT01360/wkr0001.doc http://www.waymaker.net/bitonline/2003/09/22/20030922BIT01360/wkr0002.pdf