THE SALES OF PRICE & PIERCE TO GOULD PAPER FINALISED

M-real Corporation Stock Exchange Bulletin 1.10.2004 at 9.00 a.m.

THE SALES OF PRICE & PIERCE TO GOULD PAPER FINALISED

M-real and Gould Paper have yesterday closed the final agreements
with regard to sale and purchase of Price & Pierce trading house. The
Letter of Intent was signed in August.

The sale of Price & Pierce is part of M-real´s action plan to divest
its non-core assets. The transaction has no material financial impact
to M-real.

M-REAL CORPORATION

Corporate Communications

For additional information contact Executive Vice President and CFO
Juhani Pöhö, tel. +358 10 469 5283







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 2016, the company’s sales totalled EUR 1.7 billion, and it has approximately 2,500 employees. Metsä Board, part of Metsä Group, is listed on the Nasdaq Helsinki.

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