MIKKO HELANDER NEW CEO FOR M-REAL

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M-real Corporation Stock Exchange Bulletin 18.10.2006 at 9.00 a.m.

MIKKO HELANDER NEW CEO FOR M-REAL

M-real Board of Directors has today appointed Mikko Helander (M.Sc.),
46, as new CEO for M-real as of 18.10.2006. Until this Helander has worked as CEO for
Metsä Tissue, part of Metsäliitto Group.

M-real’s CEO until today, Hannu Anttila, has been appointed Executive
Vice President, Strategy, for Metsäliitto Group as of 18.10.2006.

M-REAL CORPORATION

Further information: Lauri Peltola, Group CCO, Metsäliitto, tel. +358
50 570 5606


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