Munksjö AB confirms that the German Bundeskartellamt has started an investigation about whether Munksjö has followed applicable competition legislation. The investigation concerns alleged unlawful cooperation about prices and production volumes.

Therefore yesterday, Tuesday November 6 2007, the Swedish Competition Authority visited Munksjö in Jönköping and the Bundeskartellamt visited Munksjö in Unterkochen Germany.

Munksjö takes the allegations very seriously and takes exception from all acts that are in conflict with competition legislation.

The Munksjö Board of Directors have, in consultation with it's owner EQT, decided to initiate an internal investigation concerning the alleged unlawful conduct.

MUNKSJÖ AB