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M-REAL TO INVEST AT SIMPELE MILL

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M-real Corporation Stock Exchange Bulletin 2.3.2005 at 10 a.m.


M-REAL TO INVEST AT SIMPELE MILL

M-real will invest EUR 60 million at the Simpele mill’s board
production. The investment will include improvements of the board
machine, new reeler, rewinder, reel packaging as well as capacity
increase of sheeting and related infrastucture. Availability of the
products and service of sheeted products will also be improved.

The capacity of the board machine will increase by 45 000 t/a up to
215 000 t/a.

The investement is conducted stepwise and will be ready by spring
2006.
         
M-REAL CORPORATION


Corporate Communications

For additional information contact Hannu Kottonen, Executive Vice
President, Consumer Packaging tel. + 358 (0)10 469 4900, Mobile +358
(0)500 532 235 or Jukka Kettunen, Senior Vice President, Production
and Technology tel.  010 463 3725, Mobile +358 (0)50 598 8506

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