Kyro - Corporate Action

KYRO SELLS ITS ENERGY BUSINESS AREA TO M-REAL

KYRO CORPORATION      STOCK EXCHANGE RELEASE      7.5.2007 10.40 a.m.


KYRO SELLS ITS ENERGY BUSINESS AREA TO M-REAL

Kyro Corporation has received from M-real Corporation, part of the
Metsäliitto Group, a statement according to which M-real intends to
exercise the right to purchase contained in a sale of business
agreement between the companies relating Kyro's Energy business area.
The transaction will be completed on 1 July 2007 in accordance with
the terms and conditions concerning the right to purchase in an
agreement signed on 29 September 2006.

The purchase includes Kyro Power Oy's electricity- and
heat-generating gas combi power plant and its operations, land areas
(from which a part will be sold to Metsäliitto), as well as emission
rights for the period 2007-2012. In connection with the arrangement,
Kyro Power's personnel will transfer to M-real.

The value of the deal to Kyro is an estimated EUR 14 million, which
corresponds to the carrying amount of the operations being sold.

In Kyro's January-March 2007 interim report to be published on 9 May
2007, the Energy business area will be classified as a discontinued
operation.

Helsinki, 7 May 2007

Mika Seitovirta
President and CEO

Further information:

President & CEO Mika Seitovirta can be contacted on 7 May 2007 from
11.00 to 11.30 a.m.,
tel: +358 3 372 3100.


Distribution: Helsinki Exchanges, key media

Kyro Corporation (Glaston Corporation as of 1 June 2007) is a
growing, financially solid international technology group.  Glaston
is the global market leader in glass processing machines, and its
product range and service are the widest in the industry.  Its well
known brands are Bavelloni in pre-processing machines and tools,
Tamglass in safety glass machines, and Uniglass.  Tamglass Glass
Processing Ltd is a comprehensive supplier of architectural glass
operating in Finland and neighbouring countries.

www.kyro.fi
www.glaston.net