Billerud Write-down of share capital


STOCKHOLM, Sweden, Oct. 08, 2004 (PRIMEZONE) -- On 5 May 2004 the Billerud AB's Annual General Meeting decided to write down the company's share capital with 4,657,000 already acquired shares. This write-down has now been carried out. Following the write-down, the share capital amounts to SEK 665,662,475 and the total number of shares is 53,252,998, each of which is worth a nominal SEK 12.50.

As of 8 October 2004, shares are distributed as follows:



 Total no. of registered shares                   53,252,998
 Shares bought back and owned by Billerud          1,133,000
 Shares on the market                             52,119,998
 Convertible debenture (on full conversion           268,047
 Shares on the market (after full conversion)     52,388,045

Stockholm 8 October 2004 Billerud AB (publ)

Bert Ostlund President & CEO

For further information, please contact: Bert Ostlund, President & CEO, +46 8 553 335 00 Nils Lindholm; CFO, +46 8 553 335 07 or +46 70 217 5225

For further information about Billerud, please visit www.billerud.com.

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The following files are available for download:

http://www.waymaker.net/bitonline/2004/10/08/20041008BIT20440/wkr0010.pdf