M-real Oyj (HEL:MRL) M-real Prepares For Lower Demand And Starts Statutory Negotiations In Finland

M-real Oyj (HEL:MRL) M-real Corporation Stock Exchange Release 8 January 2009

M-real Corporation, part of Metsäliitto Group, starts statutory negotiations concerning mill operations in Finland. Possible actions will be decided locally at the units. All in all, the negotiations concern about 1,500 people.

The target of the negotiations is to prepare the production temporarily for lower demand by temporary lay offs and working time arrangements. This is thus an anticipatory measure if no significant improvement in the demand situation experienced in late 2008 emerges.

M-REAL CORPORATION

Further information: Seppo Parvi, CFO, tel. +358 10 465 4321 Juha Laine, Vice President, IR and Communications, tel. +358 10 465 4335

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

M-real Oyj

http://www.m-real.com

ISIN: FI0009000665

Stock Identifier: XHEL.MRL