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*CORRECTION:M-REAL CORPORATION: SUBSCRIP

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EXCHANGE NOTICE 328/2004, 7 September 2004  SHARES


CORRECTION:
M-REAL CORPORATION: SUBSCRIPTION RIGHT OF THE NEW ISSUE

The A and B shares of M-real Corporation are traded
ex-subscription rights as of 8 September 2004.


There will be no After Market Trading II with the shares of
M-real Corporation on Wednesday morning 8 September 2004.

Trading code:                      MRLAV
ISIN code:                         FI0009000640
Subscription ratio:                6A:5B
Subscription price:                3,0 EUR/share
Subscription period:               15 September - 1 October 2004
Ex-date:                           8 September 2004
Record date:                       10 September 2004

Trading code:                      MRLBV
ISIN code:                         FI0009000665
Subscription ratio:                6B:5B
Subscription price:                3,0 EUR/share
Subscription period:               15 September - 1 October 2004
Ex-date:                           8 September 2004
Record date:                       10 September 2004


HELSINKI STOCK EXCHANGE
Janne Seppänen
Vice President Surveillance Finland

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