Establishment of the debt repayment date and the obtaining of release Arctic Paper Grycksbo AB from the obligation to maintain fin. ratios

Regulatory News:

With reference to the information provided in the Consolidated Semi-Annual report for the period ended 30 June 2013, in particular Notes 5 to the Interim Condensed Financial Statements, the Management Board of Arctic Paper S.A. (the "Issuer") announces that on 4 October 2014, the Issuer and its subsidiary Arctic Paper Grycksbo AB completed the first stage of negotiations with the banks financing members of the Issuer's group.

As a result of these negotiations, Svenska Handelsbanken AB set 30 March 2014 as the overdraft repayment date in respect of Arctic Paper Grycksbo AB and released Arctic Paper Grycksbo AB from the obligation to maintain financial ratios, i.e. solidity ratio and interest coverage by 30 March 2014, as specified in the facility agreement.

This information is disclosed pursuant to Article 56 section 1 item 1 of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies, and was submitted for publication on 5 October 2013 at 1:00 am CET, in reference to Arctic Paper’s current report no. 37/2013 filed with the Warsaw Stock Exchange

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