Notice Pursuant to the Finnish Securities Market Act, Chapter 2, Section 10

M-real Corporation Stock Exchange Release 5 May 2008 at 10.15 p.m.
 
According to information received by M-real Corporation, the
shareholding of Hermes Focus Asset Management Europe Ltd. has on 2
May, 2008 decreased to 4.86 percent of the shares of M-real
Corporation. Voting rights conferred by the shares are 2.29 percent.
 
Hermes Focus Asset Management Europe Ltd. owns 390,153 A shares
representing 1.07 percent of total number of A shares and 15,553,500
B shares representing 5.33 percent of total number of B shares in
M-real Corporation.
 
M-REAL CORPORATION
 
Further information:
CFO Seppo Parvi, tel. +358 10 465 4321
VP, IR and Communications Juha Laine, tel. +358 10 465 4335