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M-REAL TO CLOSE ITS MILL IN SITTINGBOURNE

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M-real Corporation Stock Exchange Bulletin 15.12.2006


M-REAL TO CLOSE ITS MILL IN SITTINGBOURNE

On 18 October, M-real announced its new restructuring programme,
which included possible closures of capacity. One of the identified
closure candidates was the Sittingbourne mill in the UK. Following
the consultation process undertaken with employees and the trade
union (Amicus) representing the majority of staff at the mill M-real
has now confirmed that the mill will cease production by 31 January
2007. The Sittingbourne mill produces 210,000 tons of coated woodfree
paper and employs approximately 300 people.

In addition to Sittingbourne, as announced earlier, M-real is
possibly closing the Wifsta mill in Sweden and two paper machines (6
and 7) in Germany.


M-REAL CORPORATION

Further information:
Seppo Parvi, CFO, +358 10 469 4321
Anne-Mari Achrén, Communications, +358 10 469 4541

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