M-REAL´S NEW ORGANISATION AND CORPORATE


M-real Corporation Stock Exchange Bulletin 18.8.2004 at 3.00 p.m.

M-REAL´S NEW ORGANISATION AND CORPORATE EXECUTIVE BOARD

M-real´s Board of Directors has approved the new organisation and the
members of M-real´s Corporate Executive Board in their meeting on
August 18, 2004. According to a decision of M-real’s Board of
Directors, Hannu Anttila will start as Chief Operating Officer (COO)
of the group on September 1, 2004. He will assume the position of
President and CEO on January 1, 2005. Aarre Metsävirta, Senior
Executive Vice President, will continue as the deputy to the
President and CEO.

M-real´s new organisation comprises four business areas and paper
merchant Map Merchant Group. The business areas are Consumer
Packaging, Publishing, Commercial Printing and Office Papers. The
business area management is the following:

Consumer Packaging, Hannu Kottonen, Executive Vice President
Publishing, Aarre Metsävirta, Senior Executive Vice President
Commercial Printing, Jarmo Salonen, Executive Vice President
Office Papers, Peter Sandberg, Executive Vice President

The business operations of Map Merchant Group will continue to be
headed by Karl-Johan Lindborg, CEO.

M-real´s business area support units are the Corporate Strategy &
Sales Services unit and the Industrial Development & Resources unit.

The Corporate Strategy & Sales Services unit is responsible for the
development of the corporate strategy, administrative functions and
development of regional sales network. For the time being, Hannu
Anttila will head this unit.

The Industrial Development & Resources unit, headed by Aarre
Metsävirta, supports business areas in developing investment
proposals and coordinates decision-making in the development of M-
real’s long-term industrial structure. In addition, the Industrial
Development & Resources unit monitors, develops and enhances the
efficiency of the operations in productions in co-operation with
business areas.

Finance, Control & Legal Affairs is headed by Juhani Pöhö, Executive
Vice President and CFO, and Human Resources & Communications is
headed by Ari Himma, Executive Vice President.

The Corporate Executive Board (CEB) comprises Jouko M. Jaakkola,
Hannu Anttila and the executives reporting to Mr. Anttila: Aarre
Metsävirta, Hannu Kottonen, Jarmo Salonen, Peter Sandberg, Ari Himma
and Juhani Pöhö. The Chairman of the CEB is Hannu Anttila, Vice
Chairman is Jouko M. Jaakkola and Matti Mörsky, Senior Vice President
of Business Development, acts as secretary to the CEB.

The new organisation will come into force on 1 September 2004.

Veli-Matti Mynttinen, Executive Vice President, Marketing & Sales,
will leave M-real at his own request.

M-REAL CORPORATION


Board of Directors

Further information:
Hannu Anttila, President and CEO as of 1 January 2005, tel. + 358 10
469 4611


About Us

Metsä Boardwww.metsaboard.com Metsä Board is a leading European producer of premium fresh fibre paperboards and forerunner in sustainability. We produce premium lightweight folding boxboards, food service boards and white kraftliners for consumer goods packaging as well as retail-ready and food service applications. We work together with our customers on a global scale to innovate solutions for better consumer experiences with less environmental impact. The pure fresh fibres Metsä Board uses are a renewable resource, traceable to origin in sustainably managed northern forests. We aim for completely fossil-free mills and raw materials by 2030. The global sales network of Metsä Board supports customers worldwide, including brand owners, retailers, converters and merchants. In 2019, the company’s sales totalled EUR 1.9 billion, and it has approximately 2,400 employees. Metsä Board, part of Metsä Group, is listed on the Nasdaq Helsinki.

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