JONKOPING, Sweden, April 17, 2002 (PRIMEZONE) -- On April 9, 2002, Smurfit Holdings AB (Smurfit), being the owner of more than 90% of the issued share capital as well as the number of votes in Munksjo AB, informed the board that it is Smurfit's intention to purchase the remaining shares using the compulsory procedure according to the Swedish Companies Act. Consequently, the board has decided to start such a procedure immediately after the expiry of the prolonged time for acceptance on April 19, 2002.
In addition, and also on Smurfit's request, the board today has sent a notice of termination of Munksjo's listing agreement to the Stockholm Stock Exchange. Munksjo has been informed that the last day of listing preliminary has been settled to April 25, 2002.
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