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Eastern European Markets
NEWS RELEASE
June 22. 2006

Metsäliitto to sell its forest holdings in Estonia

Metsäliitto has sold its forest holdings in Estonia totalling some 5,000 hectares to the Swedish forestry group Södra.

”Metsäliitto’s forest holdings in Estonia were acquired in the 1990s partly for growing aspen”, says Heikki Karhunen, Senior Vice President, Wood Supply, the Baltic countries. ”The forest holdings are rather small and scattered throughout Estonia and thus have no major impact on Metsäliitto’s wood supply.”

By selling the forest holdings in Estonia, Metsäliitto continues to focus on its core businesses.

For further information
Heikki Karhunen, Senior Vice President, Wood Supply,
the Baltic countries, Metsäliitto Cooperative
tel: + 358 10 469 4254 or + 358 50 59 889 50
Anne-Mari Achrén, Communications Manager
Metsäliitto Group, tel: + 358 10 469 4541 or + 358 50 59 888 64

www.metsaliitto.com


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