Shareholders holding no less than 5% of number of votes at the Ordinary Shareholders Meeting of Arctic Paper S.A.

Regulatory News:

The Management Board of Arctic Paper S.A. ("the Company”) makes public the information regarding the list of shareholders holding no less than 5% of number of votes at the Ordinary Shareholders Meeting from 28th June 2013.

No. 1

Shareholder: TREBRUK AKTIEBOLAG

Number of votes registered at OSM: 27 569 166

Number of votes from shares registered at OSM: 27 569 166

Share in number of votes at OSM: 77,78%

Share in total number of votes at OSM: 39,79%

No. 2

Shareholder: NEMUS HOLDING AB

Number of votes registered at OSM: 5 848 658

Number of votes from shares registered at OSM: 5 848 658

Share in number of votes at OSM: 17,49%

Share in total number of votes at OSM: 8,44%

This information is disclosed pursuant to the Article 70 section 3 of Public Offering Act, and was submitted for publication on 28th of June 2013 at 11:15 pm CET, in reference to Arctic Paper’s current report no. 30/2013 filed with the Warsaw Stock Exchange.

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