In november 2012 Arctic Paper announced its public offer to buy all of

the shares in Rottneros. But the takeover proved difficult and it

became clear that acquiring more than 90% of the Rottneros shares would

not be possible.

Arctic Paper now owns a 54,2% in Rottneros. The third extension of the

acceptance period for the offer ran until 26 February and Arctic Paper

decided not to extend the acceptance period any further.

Arctic Paper stated that it may continue to acquire shares in Rottneros

outside the offer provided that such potential acquisitions from time

to time are deemed favourable.