Press release
7 Nov 2006, 11:07 CET

Expanded framework of the commercial paper program to MSEK 1,500

Billerud has expanded the framework of its commercial paper program from MSEK 1,000 to MSEK 1,500. The number of traders has also been increased to four. Traders in the commercial paper are Skandinaviska Enskilda Banken AB (publ), Danske Bank A/S, Danmark, Sverigefilial, Nordea Bank AB (publ) and Svenska Handelsbanken AB (publ).

Billerud’s commercial paper program, which can issue in either SEK or EUR, has been in place since June 2003.The program has been utilized to a large extent.

Stockholm, 7 November 2006
Billerud AB (publ)

Per Lindberg
President and CEO