Submitted for publication at 1.30 p.m. on 23 September 2009
In a judgment from the Environmental Court, which was provided to Billerud this day, Billerud has been sanctioned to pay a fee of MSEK 19,5 because Billerud has not in a correct manner transferred emission trading rights for 2006. Billerud will make a reservation for this amount in the interim report for the third quarter of 2009.
Billerud's is of the opinion that the company has fulfilled its undertakings and that no fee shall be imposed on the company. Billerud will appeal the judgement to the Environmental Court of Appeal.
”We did everything expected of us regarding the reporting of emissions allowances in 2006, apart from one item where allowances worth around SEK 53,000 went into the wrong account in the Swedish Emission Trading Registry (SUS). The fine in our case is not in reasonable proportion to the error and it is our intention to appeal,” says Per Lindberg, President and CEO of Billerud AB.
Stockholm 23 September 2009
Billerud AB (publ)
President and CEO
For further information please contact
Per Lindberg, president and CEO, +46 8 553 335 01 or +46 70 248 15 17
Bertil Carlsén, CFO, +46 8 553 335 07 or +46 73 021 10 92
The information I such that Billerud is obligated to publish under the Swedish Securities Exchange and clearing Operations Act