Decisions taken by metsä tissue's annual general meeting

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DECISIONS TAKEN BY METSÄ TISSUE'S ANNUAL GENERAL MEETING Metsä Tissue Corporation's Annual General Meeting held on 13 March 2001 adopted the profit and loss account and balance sheet for the 2000 financial period and granted freedom from responsibility to the members of the Board of Directors and the company's Chief Executive Officer. As the Metsä Tissue Group has no funds available for distribution as profit, the Meeting decided that Metsä Tissue Corporation would not distribute a dividend for 2000 and that the profit for the period would be transferred to the retained earnings account. The Meeting approved a proposal by the Board of Directors that § 6 of the company's Articles of Association be amended in accordance with the revised Companies Act to read that, in order to take part in a general meeting of shareholders, shareholders must inform the company at the latest by the date stated in the invitation to the meeting, which may be at the earliest ten (10) days before the meeting. Under the previous Articles of Association, the last date for notifications was at the earliest five (5) days before the meeting. The Meeting decided that the Board of Directors would have seven members. The following members were re-elected: Antti Oksanen, Arimo Uusitalo, Ari Heiniö, Jussi Länsiö, Curt Lindbom and Jorma Vaajoki. Jouko M. Jaakkola was elected as a new member of the Board of Directors. The term of office of members of the Board of Directors extends until the end of the Annual General Meeting to be held in 2002. SVH Pricewaterhouse Coopers Oy, Authorized Public Accountants, were re- elected as the company's auditors. DISTRIBUTION Helsinki Stock Exchange/HEX Key Media ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/03/13/20010313BIT00710/bit0001.doc http://www.bit.se/bitonline/2001/03/13/20010313BIT00710/bit0001.pdf

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