Metsäliitto Osuuskunta - Company Announcement

Metsäliitto Group's operating profit excluding non-recurring items for 2008 to fall short of last year's result

Metsäliitto Group Stock Exchange release 10.7.2008

Metsäliitto Group's financial result is depressed by production costs
that were higher than previously estimated, as well as by the
continuously weakening US dollar and UK pound and the poor market
situation for sawn timber.

In connection with the release of its financial result for 2007,
Metsäliitto Group estimated that its operating profit excluding
non-recurring items for this year would exceed the operating profit
for 2007. For the reasons noted above, however, it will fall short of
the operating profit for 2007.

For further information:
Ilkka Pitkänen, Group CFO, Metsäliitto Group, tel. +358 10 465 4260