M-real Corporation Stock Exchange Release
6.7.2007

M-real has today signed a
definitive agreement to sell its Map
Merchant Group to Antalis, a wholly-owned
subsidiary of Sequana
Capital, for a total enterprise value of EUR 382 million.
M-real is
estimated to book a gain of approximately EUR 80 million from
the
sale.

M-real, part of the Metsäliitto Group, has signed a definitive
share
sale agreement to sell the entire share capital of its
wholly-owned
subsidiary Map Merchant Holdings BV and all of its
subsidiaries
(together the "Map Merchant Group") to Antalis International SAS,
a
fully-owned subsidiary of Sequana Capital SA. The total enterprise
value
including assumed debt and unfunded pension liabilities amounts
to EUR 382
million. M-real is expected to book a gain of
approximately EUR 80 million from
the sale during the quarter when
the sale closes.

M-real and Antalis have also
entered into a commercial agreement
which ensures continuity for M-real's
product sales through Antalis
and Map sales network. The finalisation of the
sale is subject to
regulatory approvals, including the EU competition
authorities'
approval, and it is expected to be finalised during Q3 of
2007.

The transaction will be neutral on M-real's profit before tax
(excluding
the profit as a result of the disposal). M-real's gearing
is estimated to
improve by approximately 21 percentage points upon
the closing of the
transaction."The sale of Map Merchant Group to Antalis is part of
M-real's
strategic review and a significant decision concerning
M-real's
product distribution. This is also an important step in improving
the
operational environment of European paper business. The transaction
will
also strengthen M-real's balance sheet and clearly improve
company's financial
position thereby giving us stronger position to
continue M-real's development",
says Kari Jordan, Chairman of
M-real's Board of Directors, President and CEO,
Metsäliitto Group."We will further develop strong and mutually beneficial
partnerships
with European paper merchants. With the sale of Map Merchant
Group
M-real has clearly exceeded its targeted proceeds resulting from
the
asset sales of EUR 500 million announced as part of our
restructuring
programme. The proceeds from the sale will be used to
decrease
indebtedness", says Mikko Helander, CEO of M-real.

A press conference
for media will be arranged in Espoo Finland,
Revontulentie 6, 8th floor today
at 9 am GMT/11 am Finnish time.
Participating in the press conference will be
M-real Chairman of the
Board of Directors, Metsäliitto Group President and CEO
Kari Jordan,
M-real CEO Mikko Helander and Metsäliitto Group Executive
Vice
President, Strategy, Hannu Anttila.

A conference call and webcast for
analysts will be arranged today at
11 am GMT/1 pm Finnish time. From UK please
dial +44 (0) 20 716 200
25, Sweden +46 (0) 850 520 110, Finland +358 (9) 2313
9201.

Information about Map Merchant Group:

Map Merchant Group is the fourth
largest paper merchant group in
Europe with its 50,000-strong customer base of
printers, publishers,
advertising agencies and end-users. Map comprises
individual
merchants in 23 European countries and supplies both M-real paper
and
products by other manufacturers. Map sales 2006 were EUR 1,438
million and
it employs approximately 2,400 persons in 23 countries.

M-REAL
CORPORATION

Further information for the media:
Lauri Peltola, SVP, Metsäliitto
Group Communications, tel. +358 50
570 5606

Further information for
analysts:
Mikko Helander, CEO, M-real, tel. +358 10 469 4959
Jussi Noponen, VP,
M-real, tel. +358 10 469 4463