MOODY´S DOWNGRADES M-REAL´S CREDIT RATING
M-real Corporation Stock Exchange Bulletin 7.7.2006 at 8.00 a.m.MOODY´S DOWNGRADES M-REAL´S CREDIT RATING Moody´s Investors Service has downgraded M-real Corporation´s Ba3rating to B2. The outlook of the rating remains negative. Downgrade has an annual impact of EUR 2.5 million on M-reals currentfinancing costs. M-REAL CORPORATION Corporate Communications For further information please contact Aapo Nikunen, ManagingDirector, Metsä Group Financial Services, tel. +358 500 848 116, orHannu Anttila, President and CEO, tel. +358 10 469 4343 or +358 502398