Kinnevik: Korsnäs increases deliveries to Tetra Pak

11/23/2005 8:45 AM

The agreement is independent of Korsnäs' announced acquisition of AssiDomän Cartonboard Holding AB ("Frövi") and does not include any deliveries from Frövi to Tetra Pak.
Vigo Carlund, CEO of Korsnäs AB and CEO and President of Investment AB Kinnevik commented: "The agreement emphasizes our successful co-operation with Tetra Pak and the long term planning in the contract enables us to plan both production and product development efficiently. Korsnäs' focus on long standing relationship with its customers and its ability to grow with them provides a unique stability for both Korsnäs and its customers and is important for the stable profitability of Korsnäs."
For further information, please visit www.kinnevik.se or contact:
Vigo Carlund, President & CEO         +46 (0) 8 562 000 00
Henrik Persson, Investor Relations +46 (0) 8 562 000 87
                                                                    +46 (0) 707 62 00 87