Metsä Board Oyj — Capital/Financing Update 2015

Feb 19, 2015

Disclosure 321800

Metsä Board Oyj - Company Announcement

Standard & Poor’s Ratings Services upgraded Metsä Board's credit rating by two notches

Metsä Board Corporation Stock Exchange Release 19 February 2015 at 9.00 am EET Standard & Poor's Ratings Services has upgraded Metsä Board Corporation's rating by two notches from B+ to BB. The outlook of the rating is stable. Upgrade does not have an impact on Metsä Board's current annual financing costs. METSÄ BOARD CORPORATION Further information: Markus Holm, CFO, tel. +358 10 465 4913 Juha Laine, VP, Investor Relations and Communications, tel. +358 10 465 4335