Metsäliitto prepares to adjust sawmill operations

Metsäliitto Wood Products Industry Press release 21 May 2010

Metsäliitto Wood Products Industry will launch statutory labour negotiations at
all of its operational sawmills in Finland. The negotiations address the plan
to limit, if necessary, the production of single sawmills through temporary
layoffs for some weeks by the end of December 2010. 

The notice given today concerning negotiations covers a total of about 380
employees at six sawmills. 

”Possible production restrictions are due to productive and financial reasons,
such as the poor availability of competitively priced wood raw material,” says
Ole Salvén, Group Executive Vice President of Metsäliitto Wood Products
Industry. Production restrictions have already been implemented at Metsäliitto
Wood Product Industry's sawmills during this/current year. 

Metsäliitto has sawmills in Kannus, Lappeenranta, Merikarvia, Pöytyä, Renko and
Vilppula and in Reopalu in Estonia. Operations at the Karihaara sawmill in Kemi
have previously been suspended until further notice. Their combined capacity is
about 1.8 million cubic metres of spruce and pine sawn timber. 

Further information: 
Ole Salvén, Group Executive Vice President, Metsäliitto Wood Products Industry,
Finnforest, tel. +358 10 465 4870 
Satu Holm-Jumppanen, Communication Manager, tel. +358 10 465 4684