DECISIONS TAKEN BY METSÄ TISSUE'S ANNUAL

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Metsä Tissue Corp. Stock Exchange Release 18 March 2003 at 4.00 pm

DECISIONS TAKEN BY METSÄ TISSUE'S ANNUAL GENERAL MEETING

Metsä Tissue Corporation's Annual General Meeting, held on 18 March
2003, adopted the consolidated and parent company profit and loss
accounts and balance sheets for 2002 and granted freedom from
responsibility to the members of the Board of Directors and the com-
pany's Chief Executive Officer. The Meeting decided that Metsä
Tissue Corporation would not distribute a dividend for 2002 and that
the profit for the period would be transferred to the retained
earnings account.

The Meeting decided that the Board of Directors would have six
members. The following members were re-elected: Antti Oksanen, Arimo
Uusitalo, Ari Heiniö, Jouko M. Jaakkola, Curt Lindbom and Jussi
Länsiö. The Board elected from among its number Antti Oksanen as its
Chairman and Arimo Uusitalo as its Vice Chairman. The term of office
of the members of the Board extends until the end of the Annual
General Meeting to be held in 2004.

PricewaterhouseCoopers Oy (Authorized Public Accountants) were re-
elected as the company's auditors, with Göran Lindell (APA)
responsible for the audit.

METSÄ TISSUE CORPORATION

Further information:
Timo Suuriniemi, Chief Financial Officer, tel. +358 10 469 4580 or
gsm +358 50 560 8271.

Distribution:
HEX/Helsinki Exchanges
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