Establishment of the debt repayment date and obtaining of release Arctic Paper Grycksbo AB from the obligation to maintain financial ratios.

With reference to the information provided in the Consolidated Semi-Annual
report for the period ended 30 June 2013, in particular Notes 5 to the Interim
Condensed Financial Statements and current report no. 37/2013, the Management
Board of Arctic Paper S.A. (the "Issuer") announces that on 19 March 2014, the
Issuer and its subsidiary Arctic Paper Grycksbo AB completed the next stage of
negotiations with the banks financing members of the Issuer's group. As a result
of these negotiations, Svenska Handelsbanken AB set 30 September 2014 as the
overdraft repayment date in respect of Arctic Paper Grycksbo AB and released
Arctic Paper Grycksbo AB from the obligation to maintain financial ratios, i.e.
solidity ratio and interest coverage by 30 September 2014, as specified in the
facility agreement.
For additional information, please contact:

Wolfgang Lübbert, President of the Management Board of Arctic Paper, tel.
+49 405 148 5310

This information is disclosed pursuant to the Article 56 section 1 item 1 of the
Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of
Financial Instruments to Organised Trading, and Public Companies and was
submitted for publication on 20 March 2014 at 10:30 am CET, in reference to
Arctic Paper’s current report no. 3/2014 filed with the Warsaw Stock Exchange.