Information about transactions in shares of Arctic Paper SA


The Management Board of Arctic Paper S.A. (“Company”,“Issuer”) hereby informs
that on January 28, 2016, the Company has received the notification according to
art.160 section 4 of the Act on Trading from the Supervisory Board Member Mr.
Rolf Olof Grundberg on transactions in shares of the Company in 2015, which
amounted to less than 5,000 EUR.

According to the notification:

-Mr. Rolf Olof Grundberg as at 10th February 2015 sold 102 shares of the Company
at the price PLN 4,75 per share. Transaction was executed on Warsaw Stock
Exchange during regular session.
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 Art. 160 section 4 of the Act on
Trading - information on transactions of the persons who have access to
confidential information in reference to par. 3 of the Regulation of the
Minister of Finance dated 15 November 2005. on the disclosure of information on
certain transactions in financial instruments and principles of making a list of
persons having access to certain confidential information, and was submitted for
publication on 28 January 2016 at 3:00 pm CET, in reference to Arctic Paper’s
current report no. 3/2016 filed with the Warsaw Stock Exchange