M-real Corporation Stock Exchange Release 12 March 2009 M-real Corporation has repurchased from the market its own EUR 400 million senior floating rate notes (ISIN XS0276828042) in the total par value of EUR 42 million. The loan matures on 15 December, 2010. The repurchased loan notes exceed 10 per cent of the total par value of the bond. The repurchased loan notes will be cancelled. M-real will book approximately EUR 22 million as a non-recurring gain from the implemented bond repurchases in the first quarter of 2009. M-REAL CORPORATION Further information: Seppo Parvi, CFO, tel. +358 10 465 4321 Juha Laine, VP, IR and Communications, tel. +358 10 465 4335