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2016-09-02

Kotkamills Group Oyj: KOTKAMILLS HAS SIGNED A CONTRACT CONCERNING SALE OF TRADE RECEIVABLES

Kotkamills Group Oyj

STOCK EXCHANGE RELEASE

2 September 2016, at 6:30 pm (CET + 1)
Kotkamills Oy, the subsidiary of Kotkamills Group Oyj, has signed a contract
of approximately EUR 20 million with a Nordic financial institution
concerning sale of trade receivables of the company to the financial
institution (on an ongoing, non-recourse basis on customary market terms).
This transaction is expected to reach its full effect by the end of Q1 2017.
Together with 20.5.2016 informed contract Kotkamills Oy will obtain aggregate
financing of approximately EUR 40 million by sale of trade receivables.

Kotkamills Group Oyj
Board of Directors

For additional information, please contact:

CFO Petri Hirvonen, tel.+358 40 571 0834,petri.hirvonen@kotkamills.com

DISTRIBUTION:
Nasdaq Helsinki Ltd
Key media
www.kotkamills.com

Kotkamills Group in brief

Kotkamills is a responsible partner that delivers renewable products and
performance to its customers' processes via product innovations created from
wood, a renewable raw material. The key brands of the company include
Absorbex® and Imprex®, both innovative laminating paper products for the
laminate, plywood and construction industries. Moreover, Kotkamills offers
ecological, technically sound and visually attractive wood products for
demanding joinery and construction. In summer 2016, Kotkamills started up a
new board machine producing AEGLE(TM) Folding Boxboard and ISLA(TM) Food
Service Boards, including the capability to add barriers on-machine. All
Consumer Boards material solutions are fully recyclable and repulpable.

Kotkamills has two production sites in Finland, located in Kotka and Imatra,
and a subsidiary L.P. Pacific Films for Imprex® production in Malaysia. The
majority shareholder of Kotkamills is MB Funds, a Finnish private equity
firm.

www.kotkamills.com
Disclaimer
The information contained in this release shall not constitute an offer to
sell or the solicitation of an offer to buy securities of Kotkamills Group
Oyj in any jurisdiction.

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kotkamills Group Oyj via Globenewswire

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