Publication of year-end 2015 report by subsidiary company


Management board of Arctic Paper S.A.(“Company”, “Issuer”) herewith announces
that on 12thFebruary 2016 the Management of the Company’s subsidiary Rottneros
AB(“Rottneros”), which is listed on NASDAQ Stockholm, has published the year-end
2015 report with the following parameters:

Year 2015         MLN SEK   MLN PLN

Revenues            1795       803

EBITDA*)              321       144

Net result              223       100

*) Operating income before depreciation, amortization and impairment charges.

Management board of Arctic Paper S.A. indicates that above Company’s subsidiary
results will have a significant impact on Arctic Paper Group’s consolidated 2015
annual results.
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, clause 1, item 1 –
insider information and was submitted for publication on 12 February 2016 at
8:30 am CET, in reference to Arctic Paper’s current report no. 4/2016 filed with
the Warsaw Stock Exchange.