Compulsory purchase and delisting of the Munksjö share

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
Munksjö 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 Munksjö's listing agreement to the Stockholm
Stock Exchange. Munksjö has been informed that the last day of listing
preliminary has been settled to April 25, 2002.

Jönköping April 17, 2002

MUNKSJÖ AB
The Board of Directors

For further information please contact the Chief Executive Officer,
Per Rodert, tel +46 36 303470

MUNKSJÖ

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