Metsä Board Oyj - Company Announcement

Non-recurring items in Metsä Board’s 4Q 2014 operating result

Metsä Board Corporation Stock Exchange Release on 10 December 2014 at 1 p.m. EET

Metsä Board Corporation, part of Metsä Group, expects to book a net of EUR -34
million in non-recurring items in 4Q 2014 operating result consisting of the
following: 

  -- EUR 27 million impairment of fixed assets in the Cartonboard business area
     due to the weak performance of Gohrsmühle mill in Germany
  -- EUR 14 million cost provision in the Linerboard and Paper business area
     related to the planned discontinuation of paper production at Husum mill in
     Sweden
  -- EUR 7 million sales gain in Other operations related to Niemenranta
     property in Tampere, Finland

Guidance for Metsä Board's 4Q 2014 operating result remains unchanged. The
operating result excluding non-recurring items is in 4Q 2014 expected to be
roughly the same as in  3Q 2014. Metsä Board will announce the full year 2014
results on 5 February 2015. 



METSÄ BOARD CORPORATION

For further information, please contact:

Markus Holm, CFO, tel. +358 10 465 4913

Juha Laine, Vice President, Investor Relations and Communications, tel. +358 10
465 4335