Management changes in SCA Packaging Europe

Management changes in SCA Packaging Europe

The European packaging business is facing major industry challenges. SCA
Packaging is an important part of SCA, representing some 25% of the Group's
sales, while the profit has decreased sharply and now represents only 2% of the
Group's profit.

An efficiency-improvement programme, resulting in SEK 1,070m in lower annual
costs, was launched for the European packaging operations during the spring. The
programme is running according to plan.

However, further adaptations to the market conditions remain and calls for a
leadership capable of leading major changes and with thorough industrial
experience. This is why SCA has decided to initiate a search for a new President
of SCA Packaging Europe. Phil Almond, current President, will leave his
position. Meanwhile, David Stead, CFO, will take on the duty as acting
President.


For further information please contact
Pär Altan, Vice President Media Relations, +46 8 788 52 37
Bodil Eriksson, Senior Vice President Corporate Communications, +46 8 788 52 34



NB
This information is such that SCA must disclose in accordance with the
Securities Markets Act.