M-real - Company Announcement

M-real Corporation’s Board of Directors proposes to the Annual General Meeting a change of the company’s business name to Metsä Board Corporation

M-real Corporation Stock Exchange Release 9 February 2012 at 10.00 EET

M-real Corporation's Board of Directors proposes to the Annual General Meeting
to be convened on 28 March 2012 that the company's business name is changed to
Metsä Board Corporation. 

The new name and identity reflects a company that is according to its strategy
strongly focused on high-quality ecological paperboards, and is innovative,
responsible and stronger than before. Metsä Board's products are at the very
top of their fields and they create sustainable wellbeing for people's everyday
life. 

The name of Metsäliitto Group, of which M-real is a part of, is changed to
Metsä Group. 

“We have during the recent years done a very determined work to transform from
a paper company to a profitable paperboard company. Our structural
transformation is at a stage where we want to communicate it also through the
company name. As a part of the Metsä Group's new common identity we are able to
strengthen our visibility in the market,” says CEO Mikko Helander. 

You can get familiar with Metsä Board's as well as the whole Metsä Group's new
visual identity on http://newmetsa.metsagroup.com. M-real's web pages will be
changed with the exception of the Investors section on 10 February 2012. The
address to the renewed website is www.metsaboard.com. 

The entire invitation to the Annual General Meeting to be convened on 28 March
2012 will be published during 9 February 2012. 

M-REAL CORPORATION

For further information, please contact:

Mikko Helander, CEO, tel. +358 10 465 4300