M-real - Corporate Action

The start-up schedule for Metsä-Botnia s new pulp mill in Uruguay will have no significant impact on M-real s financial result for this year

M-real Corporation Stock Exchange Release 1.10. 2007

Metsä-Botnia's pulp mill in Fray Bentos, Uruguay is technically
nearly completed. According to the original schedule, the mill was
foreseen to start up production by the end of the third quarter of
2007.

The start-up process will be set in motion as soon as the Uruguayan
environmental authorities give their permission. The start-up
schedule will have no significant impact on M-real's financial result
for this year.


Further information:
Seppo Parvi, CFO, M-real, tel. +358 10 469 4321