Notification from Significant Shareholder, Being Member of the Supervisory Board, on Transactions on Shares in Arctic Paper SA

Regulatory News:

The Management Board of Arctic Paper S.A. ("Company”) hereby notifies that on December 20, 2013, the Company has received the notification from Mr. Thomas Onstad, member of the Company’s Supervisory Board, being indirectly the shareholder of the Company (through the Swedish law companies – Nemus Holding AB with its registered office in Göteborg, Sweden, and Trebruk AB with its registered office in Göteborg, Sweden), notification on transactions on shares in the Company.

The notification constitutes the appendix to this current report.

This information is disclosed pursuant to art. 70 and art. 70a of the Offering Act and art. 160 section 4 of the Act on Trading, and was submitted for publication on 21 December 2013 at 10:30 am CET, in reference to Arctic Paper’s current report no. 45/2013 filed with the Warsaw Stock Exchange.

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