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Notice pursuant to the Securities Market Act, chapter 2, section 10: Shareholding of Franklin Templeton Group in M-real Corporation has decreased (10 May, 2005)

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M-real Corporation Stock Exchange Announcement 10 May 2005 at 11.00 a.m.


According to the information received by M-real Corporation on 10 May, the
shareholding of the mutual funds by the affiliated investment advisers of
Franklin Templeton Group has on 6 May, 2005 decreased to 4.99 percent of the
share capital and to 1.60 percent of the voting rights of M-real Corporation.
Franklin Templeton Group owns in total 16,390,170 M-real's B-shares. 


M-REAL CORPORATION

Corporate Communications


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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