Metsäliitto Group Stock Exchange Release 6 March 2009 In connection with the announcement of the financial results for 2008, Metsäliitto Group estimated that the operating result for the first quarter of 2009, excluding non-recurring items, would improve from the fourth quarter of 2008 but would remain weaker than the first quarter of last year. It was also stated that Metsäliitto Group will not issue a profit estimate for the full year 2009. Demand and delivery volumes, except for tissue and cooking papers, have been weaker than expected and production adjustments have had to be continued on an even larger scale than earlier planned. In addition, the market price for pulp has continued to fall steeply during the first months of the year. The fall in price and increased inventory levels have resulted in pulp inventories being written down. As a result of these factors, Metsäliitto Group's first quarter 2009 operating result, excluding non-recurring items, is now expected to be weaker than in the previous quarter. Due to the great uncertainties with regard to the general economy, it is currently exceptionally difficult to make result forecasts. Consequently, when issuing future outlooks Metsäliitto Group will not give specific result estimates until further notice. Additional information: Ilkka Pitkänen, CFO, Metsäliitto Group, tel. +358 10 465 4260
Metsäliitto Group's first quarter 2009 operating result, excluding non-recurring items, will be weaker than the result for previous quarter
| Source: Metsäliitto Osuuskunta