Lockout started at the M-real mills in Finland (18 May, 2005)

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Lockout started at the M-real mills in Finland (18 May, 2005)
M-real Corporation Stock Exchange Bulletin 18.5.2005 at 12 a.m.

The lockout declared earlier by the Finnish Forest Industries Federation
started today 18 May at 6 a.m. in all the M-real mills in Finland. The lockout
is to end on 1 June at 6 a.m., unless the parties have not concluded a
collective labour agreement before that. 
 
The Finnish Forest Industries Federation has on 17 May declared a new lockout
which will immediately follow the previous one and end on 15 June at 6 a.m
unless agreement is reached before that. 
 
M-real estimates that the lockout would weaken its operating result by 5-10
million euros per week. 


M-REAL CORPORATION

Corporate Communications

For additional information contact Aarre Metsävirta, Senior Executive Vice
President and Deputy CEO, tel. +358 50 1460 


M-real Corporation, headquartered in Finland and employing some 16,000 people,
is a European paper and paperboard company, providing premium solutions for
consumer packaging, communications and advertising end-uses. Through its
worldwide sales network, M-real serves its customers who mostly comprise
publishers, printers, paper merchants, offices and well-known consumer product
companies and carton printers. M-real is listed on the Helsinki Stock Exchange.
Its turnover in 2004 was EUR 5.5 billion. 

www.m-real.com

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