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EU´S COMPETITION AUTHORITIES INVESTIGATE

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M-real Corporation  Stock Exchange Bulletin  25 May 2004, at 4 p.m.

EU´S COMPETITION AUTHORITIES INVESTIGATED M-REAL´S PREMISES

European Commission investigators have today visited M-real
Corporation´s premises. The investigation is related to the claimed
cooperation between the competitors in fine papers.


M-REAL CORPORATION


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For additional information contact Jouko M. Jaakkola, President and
CEO, tel. +358 10 469 4118

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