Metsäliitto Group rotates Top Management

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Metsäliitto Group                        STOCK EXCHANGE RELEASE

                                         18.10.2006



METSÄLIITTO GROUP ROTATES TOP MANAGEMENT

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



Metsäliitto is the tenth largest forest industry group in the world with sales of
EUR 8.6 billion and 30,000 employees. Its five business areas include wood
supply, wood products industry, pulp, paper and board, and tissue and cooking
papers. The Group's parent company Metsäliitto Cooperative and subsidiaries Metsä-
Botnia, M-real and Metsä Tissue operate in 30 countries.

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