M-real Corporation Stock Exchange Release 17 August 2009 at 09.00 M-real to receive EUR 190 million cash from an early repayment by Sappi of the vendor notes M-real Corporation, part of Metsäliitto Group, divested its Graphic Papers business to Sappi Limited at the end of 2008 for EUR 750 million. EUR 220 million of the transaction consideration was paid in the form of four-year interest-bearing vendor notes. M-real and Sappi have agreed that Sappi will repay the entire vendor notes for the price of 86.5 percent of the nominal value of the notes. Repayment will occur no later than 30 September 2009 and is subject to completion of Sappi's refinancing transaction. This early repayment results in an approximately EUR 30 million non-recurring loss that will be booked in M-real's 3Q 2009 result. For more information: Matti Mörsky, CFO, tel. +358 10 465 4913 Juha Laine, Vice President, Investor Relations and Communications, tel. +358 10 465 4335
M-real to receive EUR 190 million cash from an early repayment by Sappi of the vendor notes
| Source: Metsä Board Oyj