Interim report January-September 2013

                               Quarter         January-September  Full year
SEKm                     3-13     2-13   3-12    2013       2012       2012
Net turnover            3 939    4 197  4 230  12 293     13 577     17 852
Operating profit excl.    326      307    394     871      1 442      1 713
items affecting comp.*
Operating profit          326      307    394     731      1 442      1 520
Profit after tax          207      232    249     481        950      1 853
Earnings per share,       2.5      2.8    3.0     5.7       11.3       22.1
SEK
Return on equity, %       4.1      4.5    5.0     3.1        6.4        9.3

* Items affecting comparability are impairment losses and restructuring costs at
Holmen Paper (Q1 2013: SEKm -140, Q4 2012: SEKm -193).

  · Profit after tax for January–September 2013 was SEK 481 million
(January–September 2012: 950).
  · Earnings per share totalled SEK 5.7 (11.3).
  · Return on equity was 3.1 per cent (6.4).
  · Operating profit, excluding items affecting comparability, totalled SEK 871
million (1 442). The decline was attributable to a stronger Swedish krona, lower
selling prices for printing paper and production disruptions at Iggesund
Paperboard.
  · Compared with the second quarter, operating profit rose by SEK 19 million to
SEK 326 million. There was a significant increase in income from paperboard.
Earnings for the second quarter included SEK +102 million from the establishment
of a jointly-owned wind power company.
  · The market situation for paperboard was good. Demand for printing paper
continued to decline but the market balance for newsprint is good as a result of
shutdowns. The market for sawn timber remained weak.

For further information please contact:
Magnus Hall, President and CEO, tel. +46 8 666 21 05
Anders Jernhall, CFO, tel. +46 8 666 21 22
Ingela Carlsson, Communications Director, tel. +46 70 212 97 12

This is information that Holmen AB is obliged to disclose under the Swedish
Securities Market Act and/or the Swedish Financial Instruments Trading Act. The
information was distributed to the media for publication at 13.05 CET on
Thursday October 24, 2013.
This is a translation of the Swedish interim report of Holmen Aktiebolag
(publ.). In the event of inconsistency between the English and the Swedish
versions, the Swedish version shall prevail.