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NOTIFICATION OF CHANGE IN SHARE OWNERSHI

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Metsä Tissue Corp. STOCK EXCHANGE RELEASE 20 January 2003 at 5.30 pm


NOTIFICATION OF CHANGE IN SHARE OWNERSHIP UNDER SECTION 2,
SUBSECTION 10 OF THE SECURITIES MARKET ACT

M-real Corporation (business identity code 063366-7) has informed
Metsä Tissue Corporation (business identity code 0108069-8), that,
together with its wholly-owned subsidiary M-real Tissue Oy (business
identity code 1776466-4), its ownership of the voting rights and
share capital of Metsä Tissue has exceeded two-thirds (2/3) as a
result of a share transaction conducted on the Helsinki Exchanges
today, 20 January 2003. M-real Tissue has acquired 5,781,200 Metsä
Tissue shares, corresponding to 19.27 percent of the voting rights
and share capital. Following this share transaction, M-real Tissue's
ownership of Metsä Tissue's voting rights and share capital has
exceeded three-twentieths (3/20). Following the share transaction,
M-real and M-real Tissue together own a total of 25,456,200 Metsä
Tissue's shares, which represents 84.85 per cent of Metsä Tissue's
voting rights and share capital.

Under the Finnish Securities Market Act, M-real is obligated to make
a mandatory redemption offer for the remaining shares and securities
entitling to shares in Metsä Tissue. M-real has announced it will
launch the redemption offer as soon as practically possible and that
the redemption offer price will be EUR 12.30 per share. It is M-
real's intention to acquire all Metsä Tissue's shares. According to
M-real, its increased shareholding in Metsä Tissue will not
influence Metsä Tissue's business operations, and Metsä Tissue will
continue to be developed as an independent company.

Also, Svenska Cellulosa Aktiebolaget SCA (Register number 556012-
6293) has informed Metsä Tissue Corporation that the SCA group's
ownership of Metsä Tissue's voting rights and share capital has
fallen to under one-twentieth (1/20) as a result of the share
transaction of 20 January 2003. Following the share transaction, the
SCA group does not own any Metsä Tissue shares and its ownership of
Metsä Tissue's voting rights and share capital is 0 per cent. The
SCA group's Metsä Tissue shares were owned by Svenska Cellulosa
Aktiebolaget SCA's Dutch subsidiary SCA Hygiene Products De Breul
Holding BV (earlier SCA Mölnlycke Holding B.V., Register number 
30-12 85 95).

Metsä Tissue Corporation has a total of 30,000,000 shares, each with
a nominal value of EUR 1.70. Each share entitles the holder to one
vote at a general meeting of shareholders.


METSÄ TISSUE CORPORATION


Hannu Anttila
President and CEO

For more information:

Hannu Anttila, President and CEO, tel. +358 1046 94959, 
gsm +358 50 2398,
and Timo Suuriniemi, Chief Financial Officer, tel. +358 1046 94580,
gsm +358 50 560 8271


Distribution

HEX/Helsinki Exchanges
Key media

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