M-real - Company Announcement

EU Commission s examination of the Map Merchant transaction to be concluded earliest at the end of October

M-real Corporation Stock Exchange Release 17.9.2007

On 5 September 2007, the EU Commission was informed of the
transaction in which Antalis International SAS acquires the share
capital of M-real's subsidiary Map Merchant Group BV

In order to reach a final decision on the matter, the Commission has
commenced a first stage of investigations and these will finish at
the end of October 2007. If these first stage studies are considered
to be sufficient, the transaction will be realised immediately after
their conclusion and M-real will book the resulting sales profit of
about EUR 80 million in its result for the fourth quarter of this
year (Q4).

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