M-REAL TO SELL THE REST OF METSä TISSUE


M-real Corporation Stock Exchange Bulletin 30.1.2004 at 12.15

M-REAL TO SELL THE REST OF METSä TISSUE SHARES

M-real Corporation has today sold the remaining 17 % of the Metsä
Tissue shares in its possession to Varma Mutual Pension Insurance
Company and to Sampo Life Insurance Company Ltd. The terms of the
transaction are the same as in the previous sales to Metsäliitto
Osuuskunta and Tapiola Group, which were based on the enterprise
value of Metsä Tissue, ca. EUR 570 million.

Detailed information on the impact of the transaction on M-real
Corporation’s key figures and balance sheet are disclosed in
connection with publishing of M-real’s financial statements for the
year 2003 on 5 February 2004.

M-REAL CORPORATION


CORPORATE COMMUNICATIONS


For additional information contact Jouko M. Jaakkola, President and
CEO, tel. +358 10 469 4118

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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