Metsä Board Oyj — Capital/Financing Update 2014

Mar 13, 2014

Finnish Financial Supervisory Authority has approved Metsä Board Corporation’s listing prospectus for a bond

Finnish Financial Supervisory Authority has approved Metsä Board Corporation’s listing prospectus for a bond

Metsä Board Corporation Stock Exchange Release on 13 March 2014 at 1 pm EET

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR
INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, SINGAPORE, HONG KONG OR IN
ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
UNLAWFUL. THIS RELEASE DOES NOT CONSTITUTE AN OFFER OF SECURITIES.

Metsä Board Corporation announced its decision to issue a bond of EUR 225
million on 6 March 2014. The bond that matures on 13 March 2019 and carries a
fixed coupon interest rate of 4.000 per cent per annum has been issued today.

The Finnish Financial Supervisory Authority has today approved the prospectus
drawn up for listing the bond. The prospectus is available in English,
including the summary also in Finnish, as from today e.g. on the company's
website at www.metsaboard.com.

NASDAQ OMX Helsinki Oy is expected to admit the bond to public trading as from
14 March 2014.

METSÄ BOARD CORPORATION

For further information, please contact:
Markus Holm, CFO, tel. +358 (0)10 465 4913
Juha Laine, Vice President, Investor Relations and Communications, tel. +358
(0) 10 465 4335