Metsäliitto has received approval from authorities to sell its Norwegian subsidiary Moelven

Metsäliitto Group                        STOCK EXCHANGE RELEASE
                                                      26.1.2007




METSÄLIITTO HAS RECEIVED APPROVAL FROM AUTHORITIES TO SELL ITS NORWEGIAN
SUBSIDIARY MOELVEN

Metsäliitto Group has received approval from authorities to sell its Norwegian
subsidiary Moelven. Metsäliitto has sold all of its shareholding (65.15%) in its
Norwegian subsidiary Moelven Industrier ASA to a consortium comprising the
Norwegian energy company Eidsiva Energi AS and five Norwegian Forest Owners'
Associations.

The total consideration is NOK 1.14 billion (approximately EUR 140 million).
Metsäliitto books a gain of EUR 13 million. 


Further information: Lauri Peltola, Group CCO, Metsäliitto, tel. +358 50 570 5606





About Us

Metsä Groupwww.metsagroup.com Metsä Group is a forerunner in sustainable bioeconomy utilising renewable wood from sustainably managed northern forests. Metsä Group focuses on wood supply and forest services, wood products, pulp, fresh fibre paperboards and tissue and cooking papers. Metsä Group’s sales totalled EUR 5.0 billion in 2017, and it employs approximately 9,100 people. The Group operates in nearly 30 countries. Metsäliitto Cooperative is the parent company of Metsä Group and is owned by approximately 104,000 Finnish forest owners.

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