Press Releases

Metsäliitto-konserni Metsäliitto Group Stock Exchange release 10.7.2008

Metsäliitto Group's financial result is depressed by production costs that were higher than previously estimated, as well as by the continuously weakening US dollar and UK pound and the poor market situation for sawn timber.

In connection with the release of its financial result for 2007, Metsäliitto Group estimated that its operating profit excluding non-recurring items for this year would exceed the operating profit for 2007. For the reasons noted above, however, it will fall short of the operating profit for 2007.

For further information: Ilkka Pitkänen, Group CFO, Metsäliitto Group, tel. +358 10 465 4260

Metsäliitto-konserni

http://www.metsaliitto.com/main.asp

ISIN: FI0002001611

Stock Identifier: XHEL.MEL