Roll exchanger comprising a frame (1) in which at least one stock-roll holder (3, 4) with drive unit (8) is mounted, together with web-takeup means (11) for taking up the start of a material web from the stock roll (5) and unwinding a portion thereof, which web-takeup means (11) comprise a frame in which an interchangeable cylindrical winding-up body has been mounted rotatably about a horizontal shaft, and drive means for rotating the winding-up body a web splicing unit (9,10) means for splicing the winding-up body of the web-takeup means to the material web and movement means for moving the stock roll and the web-takeup means (11) with respect each other, wherein the roll exchanger includes means for using a surplus roll (20) of stock roll at the winding-up body to be incorporated in the frame of the web-takeup means (11), and further including means for removing the surplus roll from the stock-roll holder (3) during operation after rolls have been exchanged in they roll exchanger by the web-takeup means(11).