Information on ordinary share transactions.

The Management Board of Arctic Paper S.A. (“Company”) informs that today it
received the following notifications from individuals with access to
confidential information, served pursuant to the Act on trade in financial
instruments of July 29, 2006, article 160:

 1. Notification from Mr. Michał Jarczyński, the President of the Management
Board, about purchase on November 22, 2012 of 500 shares at PLN 5.50 per share.
Total value of the transaction amounted PLN 2,750.00.
 2. Notification from Mr. Rolf Olof Grundberg, the President of the Supervisory
Board, about purchase on November 27-29, 2012 of 1,790 shares at PLN 5.50 per
share. Total value of the transaction amounted PLN 9,845.00.

Arctic Paper S.A.


For additional information, please contact:

Michał Bartkowiak, CFO of Arctic Paper, tel. +48 61 62 62 000

This information is disclosed pursuant to the Trading Act, article 160, section
4 – information on transactions by individuals with access to confidential
information in reference to the § 2 section 5 of the Minister of Finance
Regulation of 15 November 2005 on the on the disclosure of information on
certain transactions in financial instruments and principles of making a list of
people who have access to certain confidential information, and was submitted
for publication on 31 January 2013 at 1:30 pm CET, in reference to Arctic
Paper’s current report no. 7/2013 filed with the Warsaw Stock Exchange.