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New profit improvement actions at Husum mill

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14/08/2009
M-real Corporation Press release 14 August 2009


At the Husum mill actions to improve the efficiency and profitability have been
implemented during several years. Despite the implemented actions the
profitability has in recent years been unsatisfactory. The situation has
weakened further due to the international financial crisis. 

New actions will be implemented at the Husum mill in order to secure the mill's
profitability in the future. The target of the new actions is to reduce the
total headcount from currently about 1,000 to below 800 by the end of 2010. The
notice for the statutory negotiations will be given during week 34. 

For further information please contact:

Seppo Puotinen, Head of Office Papers business area, tel. +358 50 559 5800,
seppo.puotinen(at)m-real.com

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