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 agreementswith regard to sale and purchase of Price & Pierce trading house. TheLetter of Intent was signed in August. The sale of Price & Pierce is part of M-real´s action plan to divestits non-core assets. The transaction has no material financial impactto M-real. M-REAL CORPORATION Corporate Communications For additional information contact Executive Vice President and CFOJuhani Pöhö, tel. +358 10 469 5283