HSE: M-REAL CORPORATION: CONVERSION OF A-SHARE INTO B-SHARE

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EXCHANGE NOTICE 422/2005, 10 October 2005  SHARES

M-REAL CORPORATION: CONVERSION OF A-SHARE INTO B-SHARE

A total of 1 000 A shares converted into B shares will be
traded together with the B shares of M-real Corporation
as of
11 October 2005.

Identifiers:

M-real Corporation's A-share

Trading code:                        MRLAV
ISIN code:                           FI0009000640
Orderbook id:                        24306
Number of shares:                    36 339 550

M-real Corporation's B-share

Trading code:                        MRLBV
ISIN code:                           FI0009000665
Orderbook id:                        24307
Number of shares:                    291 826 062

HELSINKI STOCK EXCHANGE
Janne Seppänen
Vice President Surveillance Finland

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