Metsä Board Oyj - Company Announcement

Moody's Investors Service upgrades Metsä Board's credit rating

Metsä Board Corporation Stock Exchange Release 15 May 2013 at 10.35 am EEST

Moody's Investors Service has today upgraded Metsä Board Corporation's rating
from B3 to B2. The outlook of the rating is stable. 

Upgrade does not have an impact on Metsä Board's current financing costs.

METSÄ BOARD CORPORATION

Further information:
Matti Mörsky, CFO, tel. +358 10 465 4913
Juha Laine, Vice President, Investor Relations and Communications, tel. +358 10
465 4335