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Metsäliitto Group rotates top management

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Metsäliitto Group rotates top management (18 October 2006)


Mikko Helander new CEO for M-real, Hannu Anttila to become Executive Vice
President, Strategy, for Metsäliitto Group 

Metsäliitto Group will rotate top management in order to speed up the process
of creating a new, more efficient and profitable Metsäliitto Group. 

“We are in the process of creating the new future Metsäliitto Group. As part of
our revised strategy M-real has today announced a large restructuring
programme. In addition to M-real's initiative, the Metsäliitto Group top
management will be rotated as we want to ensure a solid execution of the
strategy enabling us to reach our targets within the agreed time frame”, says
Kari Jordan, President and CEO, Metsäliitto Group. 

Management rotation includes the following appointments:

• Current CEO of Metsä Tissue, Mikko Helander (M.Sc.), 46, has been appointed
new CEO for M-real as of 18.10.2006. Besides running the daily operations, his
responsibility is to carry out the new restructuring programme with the support
of a restructuring team. He will be a member of Metsäliitto Group Executive
Management Team. 
• Current CEO of M-real, Hannu Anttila (M.Sc. Econ.), 51, has been appointed
Executive Vice President, Strategy, for Metsäliitto Group. His main
responsibilities include managing the Metsäliitto Group strategy process and
Group structural development. He will also continue as a member of the
Metsäliitto Group Executive Management Team. 

“These appointments reflect the rapidly changing global environment within the
forest industry sector. Metsäliitto Group needs strong execution capabilities
combined with long-term strategic planning as the Group wants to ensure its
position as one of leading European players within the sector creating
additional value for its 131,000 Finnish owners,” says Kari Jordan. 

Metsä Tissue Board of Directors will touch upon the CEO issue in its next
meeting, 24.10.2006. 

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

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