M-real Corporation Stock Exchange Release 6.7.2007 M-real has today signed a definitive agreement to sell its Map Merchant Group to Antalis, a wholly-owned subsidiary of Sequana Capital, for a total enterprise value of EUR 382 million. M-real is estimated to book a gain of approximately EUR 80 million from the sale. M-real, part of the Metsäliitto Group, has signed a definitive share sale agreement to sell the entire share capital of its wholly-owned subsidiary Map Merchant Holdings BV and all of its subsidiaries (together the "Map Merchant Group") to Antalis International SAS, a fully-owned subsidiary of Sequana Capital SA. The total enterprise value including assumed debt and unfunded pension liabilities amounts to EUR 382 million. M-real is expected to book a gain of approximately EUR 80 million from the sale during the quarter when the sale closes. M-real and Antalis have also entered into a commercial agreement which ensures continuity for M-real's product sales through Antalis and Map sales network. The finalisation of the sale is subject to regulatory approvals, including the EU competition authorities' approval, and it is expected to be finalised during Q3 of 2007. The transaction will be neutral on M-real's profit before tax (excluding the profit as a result of the disposal). M-real's gearing is estimated to improve by approximately 21 percentage points upon the closing of the transaction."The sale of Map Merchant Group to Antalis is part of M-real's strategic review and a significant decision concerning M-real's product distribution. This is also an important step in improving the operational environment of European paper business. The transaction will also strengthen M-real's balance sheet and clearly improve company's financial position thereby giving us stronger position to continue M-real's development", says Kari Jordan, Chairman of M-real's Board of Directors, President and CEO, Metsäliitto Group."We will further develop strong and mutually beneficial partnerships with European paper merchants. With the sale of Map Merchant Group M-real has clearly exceeded its targeted proceeds resulting from the asset sales of EUR 500 million announced as part of our restructuring programme. The proceeds from the sale will be used to decrease indebtedness", says Mikko Helander, CEO of M-real. A press conference for media will be arranged in Espoo Finland, Revontulentie 6, 8th floor today at 9 am GMT/11 am Finnish time. Participating in the press conference will be M-real Chairman of the Board of Directors, Metsäliitto Group President and CEO Kari Jordan, M-real CEO Mikko Helander and Metsäliitto Group Executive Vice President, Strategy, Hannu Anttila. A conference call and webcast for analysts will be arranged today at 11 am GMT/1 pm Finnish time. From UK please dial +44 (0) 20 716 200 25, Sweden +46 (0) 850 520 110, Finland +358 (9) 2313 9201. Information about Map Merchant Group: Map Merchant Group is the fourth largest paper merchant group in Europe with its 50,000-strong customer base of printers, publishers, advertising agencies and end-users. Map comprises individual merchants in 23 European countries and supplies both M-real paper and products by other manufacturers. Map sales 2006 were EUR 1,438 million and it employs approximately 2,400 persons in 23 countries. M-REAL CORPORATION Further information for the media: Lauri Peltola, SVP, Metsäliitto Group Communications, tel. +358 50 570 5606 Further information for analysts: Mikko Helander, CEO, M-real, tel. +358 10 469 4959 Jussi Noponen, VP, M-real, tel. +358 10 469 4463