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24.03.2004

New member of the board for the Algol Group

Martin Granholm, a director at UPM-Kymmene, has been elected to the Board of
Directors for the Algol Group.

Gerhard Wendt continues in his position as Chairman of the Board. Other members
include Magnus Bargum, Managing Director of Algol Oy, Ingmar Lindberg and Leif
Lund.

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