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M-real Publishing increases magazine paper prices in Europe

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M-real Publishing increases magazine paper prices in Europe


Press release 14.6.2006 

M-real's Publishing business is seeking a price increase of approximately 5%
for our coated magazine papers (Galerie Papers) in the European markets
effective from 1st September 2006. Negotiations with customers have started and
will continue over the next weeks. 

The increase is needed to partly compensate continuing high input cost
escalation, especially in energy, transport and raw materials, which cannot be
recovered only by the productivity improvements and cost reductions already
ongoing in our business. 

Whilst we realise that our customers, especially in the printing industry, are
facing similar challenges, we have to together find the means to manage pricing
in a co-operative way. It is expected that the overall demand for these grades
will improve in the second half of 2006 and the autumn season especially is
forecasted to be strong. We believe that it is essential to avoid the risk of
extreme price movements, which are damaging for all in the business, and will
seek agreements with our customers based on this moderate increase to current
prices. 


For more information, please contact

John Clinton, Senior Vice President Marketing & Sales, M-real Publishing
Tel. +31 20 572 7525

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