Bong Ljungdahl AB Interim report January -- June 2003

Market Continues Weak with Tough Pressure on Prices


KRISTIANSTAD, Sweden, August 21, 2003 (PRIMEZONE) -- Bong:


 - Operating Loss Of MSEK -26*) (18)***)
 - Cash Flow Of MSEK 13**) (108)****)
 - New Action Program With Positive Annual Effect Of Approx. MSEK 100

Further information may be obtained from Bong Ljungdahl AB's President and CEO at +46 44 20 70 00, +46 44 20 70 50 (direct), or +46 70 594 68 66 (mobile)


 Upcoming financial reports
 Interim report January-September 2003:  November 13, 2003
 Year-end release 2003                   February, 2004

Bong is one of Europe's leading envelope companies. The Group has an annual turnover of around SEK 2.1 billion, some 1,500 employees and an annual manufacturing capacity of some 15 billion envelopes at its production units in Sweden, Denmark, Norway, Finland, Poland, Germany, Belgium, Britain and Ireland. Bong has a very strong market position, especially in Northern Europe, and canvasses twelve European countries through its own sales organizations. In recent years, Bong has acquired several companies in the envelope industry and has thus taken an active part in the current process of structural transformation in the industry in Europe. The Group sees attractive opportunities for further expansion and development. Bong is a publicly traded company and its shares are listed on the O- list of the Stockholm Stock Exchange.

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The following files are available for download:

http://www.waymaker.net/bitonline/2003/08/21/20030821BIT01400/wkr0001.doc

The full report

http://www.waymaker.net/bitonline/2003/08/21/20030821BIT01400/wkr0002.pdf

The full report