SCA and Statkraft sign electricity supply contract


SCA and Statkraft sign electricity supply contract

The Norwegian energy company Statkraft and the Swedish personal care and paper
company SCA have signed a long-term electricity supply contract. The 10-year
contract is for an annual supply of 500 GWh of electricity to SCA's Swedish wood
products facilities.

“This deal will help to bring about a smooth-functioning Nordic market for
long-term agreements with industry,” says Jørgen Kildahl, Executive Vice
President Generation and Market, Statkraft.  “We have managed to find good,
long-term solutions for both parties and are extremely pleased to have reached a
long-term agreement with a leading industrial customer such as SCA.”. 

“We are also very pleased,” says Kenneth Eriksson, President of SCA Forest
Products. “We have obtained a long-term supply contract at a very competitive
price and this is of major importance for the development of our wood products
business in Sweden. We also believe that it is valuable for Swedish industry as
a whole that a new electricity supplier is becoming established in Sweden.

The new long-term electricity supply contract opens the door for a profitable
investment in new production of mechanical pulp at Ortviken paper mill. The
investment is for approximately SEK 800 million and will be completed in spring
2009.

At the same time as the electricity supply contract, Statkraft and SCA have
concluded an agreement for long-term cooperation over development of wind power
and hydropower assets in Sweden (see separate press release).


Press meeting
Media and analysts are invited to a joint press meeting with representatives
from both companies. The press meeting will be held in Swedish and Norwegian. A
simultaneous interpretation of the webcast will be available in English.

Date: Friday, 14 September 2007
Time: 10.30 CET
Venue: Salénhuset, Aulan, Norrlandsgatan 15, Stockholm

Telephone participation:
UK participants:  + 44 208 817 9301
Swedish and Norwegian participants: + 46 8 505 202 70
US participants: + 1 718 354 1226

Follow the press meeting on the Internet: www.sca.com

For further information, please contact
Ragnvald Naerø, Communication Director, Statkraft, +47 900 80 303
Bodil Eriksson, SVP Corporate Communications, SCA, +46 8 788 52 34
Pär Altan, VP Media Relations, SCA, +46 8 788 52 37
Johan Karlsson, VP Investor Relations, SCA, +46 8 788 51 30
Björn Lyngfelt, Communication Director, SCA Forest Products, +46 70 626 82 23






Statkraft is a leading company in Europe within renewable energy production. The
Group produces hydropower, wind power and district heating, and builds gas-fired
power plants in Norway and Germany. Statkraft is a significant player on
Europe's power exchanges. In Norway, the company supplies electricity and
heating to approximately 600,000 customers directly or through partly owned
companies. In 2006 Statkraft had some 2,100 employees and a profit after tax of
NOK 6.3 billion. Further information is available at www.statkraft.com

Svenska Cellulosa Aktiebolaget SCA is a global consumer goods and paper company
that develops, produces and markets personal care products, tissue, packaging
solutions, publication papers and solid-wood products. SCA has annual sales in
excess of SEK 101 billion (c. EUR 11 billion). SCA had approximately 51,000
employees at the beginning of 2007. SCA's Swedish industrial operations consume
almost 3 TWh of electricity per year. The largest single consumer is the
Ortviken paper mill in Sundsvall which produces paper for newspapers and
magazines and uses 1.8 TWh per year. Further information on www.sca.com






NB
This information is such that SCA must disclose in accordance with theSecurities and Clearing Operations Act. The information was submitted for
publication on 14 September 2007 at 09.50 CET.

Attachments

09142059.pdf