Final results of BillerudKorsnäs’ rights issue

This press release may not be announced, published or distributed, in whole or
in part, directly or indirectly, in the United States, Canada, Japan, Hong Kong
or Australia or any other country where such publication or distribution would
violate applicable laws or rules or would require additional documents to be
prepared or registered or require any other actions to be taken, in addition to
the requirements under Swedish law. For further information, please refer to
“Important notice” in this press release. This press release has been published
in Swedish and English. In the event of any discrepancy in content between
Swedish original text and the English translation, the Swedish original shall
prevail.
The final results of BillerudKorsnäs’ rights issue show that 67,470,076 shares,
representing approximately 98.0 percent of the offered shares, were subscribed
for with subscription rights. The 1,363,553 shares that were not subscribed for
with subscription rights have been allocated to persons who have applied for
subscription of shares not subscribed for with subscription rights and who have
also subscribed for shares with subscription rights, according to the principles
described in the prospectus. Thus, allotment of shares not subscribed for with
subscription rights has only been made to those who have also subscribed for
shares with subscription rights. Through the rights issue BillerudKorsnäs will
receive proceeds amounting to approximately SEK 1,996 million before issue
costs.

Through the rights issue, the number of shares in BillerudKorsnäs increase by
68,833,629 to 208,219,834. The share capital increases to SEK 1,537,642,792
through the rights issue.

The new shares subscribed for with subscription rights, made by cash payment,
have been registered with the Swedish Companies Registration Office  on 7
January 2013 and the first day of trade on NASDAQ OMX Stockholm is today, 10
January 2013. Shares subscribed for without subscription rights are expected to
start trading on 14 January 2013.

SEB Enskilda and Handelsbanken Capital Markets are acting as financial advisors
and Joint Lead Managers for the rights issue and Cederquist as legal advisor to
BillerudKorsnäs.

For further information please contact:
Sophie Arnius, IRO, +46 (0)8 553 335 24, +46 (0) 70 590 80 72

The information is such that BillerudKorsnäs AB (publ) is obligated to publish
under the Swedish Securities Market Act. Submitted for publication at 08.30 CET,
10 January 2013.

IMPORTANT NOTICE
In certain jurisdictions, the publication or distribution of this press release
may be subject to restrictions according to law and persons in those
jurisdictions where this press release has been published or distributed should
inform themselves about and abide by such restrictions. This press release does
not contain or constitute an invitation or an offer to acquire, sell, subscribe
for or otherwise trade in shares, subscription rights or other securities in
BillerudKorsnäs AB (publ).
This press release is not directed at persons located in the United States
(including its territories and possession, any state of the United States and
the District of Columbia) (the ("United States"), Canada, Australia, Hong Kong,
Japan or in any other country where the offer or sale of the subscription
rights, interim shares (Sw. betalda tecknade aktier) or new shares is not
permitted. This press release may not be announced, published or distributed,
directly or indirectly, in or into the United States, Canada, Australia, Hong
Kong, Japan or any other country where such action is wholly or partially
subject to legal restrictions or where such action would require additional
prospectuses, other offer documentation, registrations or other actions in
addition to what follows from Swedish law. Nor may the information in this press
release be forwarded, reproduced or disclosed in such a manner that contravenes
such restrictions or would require such additional prospectuses, other offer
documentation, registrations or other actions. Failure to comply with this
instruction may result in a violation of the United States Securities Act of
1933, as amended (the "Securities Act") or laws applicable in other
jurisdictions.
In addition, if and to the extent that this press release is communicated in any
European Economic Area member state that has implemented Directive 2003/71/EC
(together with any applicable implementing measures, including Directive
2010/73/EC, in any member state, the "Prospectus Directive"), this press release
is only addressed to and directed at persons in that member state who are
"qualified investors" within the meaning of the Prospectus Directive and must
not be acted on or relied on by other persons in that member state.
In the United Kingdom, this press release is being distributed only to, and is
directed only at (i) persons who have professional experience in matters
relating to investments falling within Article 19(5) of the Financial Services
and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the
"Financial Promotion Order"), (ii) persons falling within Article 49(2)(a) to
(d) (high net worth companies, unincorporated associations, etc.) of the
Financial Promotion Order, or (iii) other persons to whom it may otherwise be
lawfully communicated (all such persons together being referred to as "relevant
persons"). This press release is directed only at relevant persons and must not
be acted on or relied on by anyone who is not a relevant person.
No subscription rights, interim shares or new shares have been or will be
registered under the Securities Act, or with any other securities regulatory
authority of any state or other jurisdiction of the United States and may not be
offered, sold, resold, transferred, delivered or distributed, directly or
indirectly, into or within the United States or on account of such persons other
than pursuant to an exemption from, or in a transaction not subject to the
registration requirements of the Securities Act, and in compliance with any
applicable securities laws of any state or jurisdiction of the United States. No
public offering of the subscription rights, interim shares or new shares will be
made in the United States.
BillerudKorsnäs – Packaging manufacturers and brand owners are offered added
value in the form of brand-strengthening, productivity-boosting and environment
-enhancing packaging solutions. BillerudKorsnäs has a world-leading market
position within primary fibre-based packaging paper. The company has annual
sales of around SEK 20 billion and is listed on NASDAQ OMX Stockholm.
www.billerudkorsnas.com