Change of Finnforest Directors' Market Areas

21/12/2004

The following changes were made with regard to the market area responsibilities
of Finnforest directors 14.12.2004, with immediate effect. 
 
Timo Kouri has been appointed Director for Germany, Austria and Switzerland. He
will continue to be responsible for the eastern central European countries of
Poland, the Czech Republic, Slovakia, Hungary and Romania, and for markets in
the USA and the Asia-Pacific region. 

John Tong has been appointed Director for France, Spain, Portugal, Belgium and
the Netherlands. He will continue to be responsible for markets in the UK and
Ireland. 

Timo Kouri and John Tong are members of Finnforest's corporate management board
and report to the President and CEO of Finnforest Corporation. 

The changes have been made in connection with the appointment of Ole Salvén as
President and CEO of Finnforest's largest subsidiary, Moelvén Industrier ASA,
which is responsible for Finnforest Corporation's activities in Norway, Sweden
and Denmark. Mr Salvén is presently Finnforest's Director for Continental
Western Europe and will become President and CEO at Moelven 1.2.2005, on the
retirement of Industrial Counsellor Bo Borgström, Moelven's current President
and CEO. 

Further information:

Ari Martonen, President and CEO, Finnforest Corporation, phone +358 50 2406 
Markko Ihamuotila, Director, Marketing and Communications, Finnforest
Corporation, phone +358 50 598 7014