KLIPPAN AB -- New Managing Director


KLIPPAN, Sweden, Dec. 02, 2004 (PRIMEZONE) -- The board of KLIPPAN AB has today appointed Thomas Billing as managing director and group CEO.

Billing, who is 57 years old, has been group CEO for the Stenqvist group for 16 years. He will replace the current managing director Ragnar Quarnstrom during the second quarter of 2005.

KLIPPAN AB

(removed graphics)

Jan Bernander Chairman

For further information, please contact Jan Bernander, chairman of the board, tel +46(0)70-855 64 00.

KLIPPAN is a leading producer of speciality paper for the graphic industry with a total capacity of 200,000 tons per year. Production is carried out at the three mills in Klippan, Lessebo and Molndal.

This information was brought to you by Waymaker http://www.waymaker.net

The following files are available for download:

http://wpy.waymaker.net/client/waymaker1/WOLReleaseFile.aspx?id=55171&fn=wkr0010.pdf