M-REAL TO CLOSE TWO PAPER MACHINES IN ITS MILL IN GOHRSMÜHLE, GERMANY

M-real Corporation Stock Exchange Bulletin 18.1.2007

M-REAL TO CLOSE TWO PAPER MACHINES IN ITS MILL IN GOHRSMÜHLE, GERMANY

On 18 October 2006, M-real announced its new restructuring programme,
which included possible closures of capacity. One of these possible
closures was the paper machines 6 and 7 in Gohrsmühle, Germany.

Following the completion of the local consultation process, M-real
has now confirmed that the machines will cease production by the end
of February 2007. The machines produce 100,000 tons of coated
woodfree paper and employ approximately 35 people.

In addition to the paper machines 6 and 7 in Gohrsmühle, as announced
earlier, M-real is possibly closing its Wifsta mill in Sweden and
will close its mill in Sittingbourne in the UK by 31 January 2007.

M-REAL CORPORATION


Further information:

Seppo Parvi, CFO, +358 10 469 4321
Anne-Mari Achrén, Communications, +358 10 469 4541

About Us

Metsä Boardwww.metsaboard.com Metsä Board is a leading European producer of premium fresh fibre paperboards including folding boxboards, food service boards and white kraftliners. Our lightweight paperboards are developed to provide better, safer and more sustainable solutions for consumer goods as well as retail-ready and food service applications. We work together with our customers on a global scale to innovate solutions for better consumer experiences with less environmental impact. The pure fresh fibres Metsä Board uses are a renewable resource, traceable to origin in sustainably managed northern forests. The global sales network of Metsä Board supports customers worldwide, including brand owners, retailers, converters and merchants. In 2017, the company’s sales totalled EUR 1.8 billion, and it has approximately 2,350 employees. Metsä Board, part of Metsä Group, is listed on the Nasdaq Helsinki.

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