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METSÄLIITTO GROUP STRUTURE TO BE SIMPLIFIED

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METSÄLIITTO GROUP                       STOCK EXCHANGE RELEASE


                                        27 September 2005 at 3.40pm


METSÄLIITTO GROUP STRUCTURE TO BE SIMPLIFIED

The Boards of Directors of Metsäliitto Group, Finnforest Corporation and
Metsäliitto-Yhtymän Tehdasmittaus Oy have accepted a plan to merge Metsäliitto
Groups wholly owned subsidiaries Finnforest Corporation and Metsäliitto-Yhtymän
Tehdasmittaus Oy to Metsäliitto Cooperative. According to plan these subsidiaries
will be merged to Metsäliitto Cooperative as such and the assets and liabilities
of the subsidiaries will be transferred to Metsäliitto Cooperative. Mergers have
no immediate effect on the business or customers either of the subsidiaries or
Metsäliitto Cooperative.

The aim is to simplify the Metsäliitto group structure and Finnforest
organisation and therefore reach synergies and cost savings.

CEO of Finnforest, Mr Ari Martonen has decided to leave his position. Mr Ole
Salvén, CEO and President of Moelven, part of Finnforest Group, has been
appointed as the new CEO and head of Finnforest operations within Metsäliitto
Group. Mr Timo Pekkola, head of Wood Products Industry business area, has been
appointed as Executive Vice President of Finnforest. Both appointments will be in
effect as of today. Besides his new appointment Ole Salvén continues also as CEO
for Moelven as a interim solution.

The merger process is estimated to take approximately six months. The
registration of the merger is planned to take place in the end of March 2006. The
official Cooperation Procedure will be initiated immediately in order to evaluate
the possible effects on personnel.


Metsäliitto Group, Board of Directors
Finnforest Corporation, Board of Directors
Metsäliitto-Yhtymän Tehdasmittaus Oy, Board of Directors

For more information contact
Lauri Peltola, SVP, Group Communications, Metsäliitto Group,
tel. +358 1046 95263 or +358 50 570 5606

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