Mayr-Melnhof Karton AG: Paragraph 15 WpHG-Mitteilung

Wien (ots-Ad hoc-Service) - Mitteilung gemäß Paragraph 15 WpHG übermittelt von der DGAP. Für den Inhalt der Mitteilung ist allein der Emittent verantwortlich.

1st Half-Year 1998: Mayr-Melnhof Karton AG exceeds previous year's figure the fourth time in succession Preliminary Results as of June 30, 1998

According to preliminary figures, the Mayr-Melnhof Group has been very successful in the 1998 1st half-year and once again meets high expectations. Group sales continued to grow. Operating profit increased significantly. Preliminary net income corresponds to forecasts and exceeds previous years excellent results, even excluding the effect of the reversal of the EU-Fine provision. Final consolidated figures will be released on September 1, 1998. In the cartonboard division, the order backlog shows a reduction which is in line with the usual seasonal decline in the summer months. Order intake at MM-Packaging remains satisfying. Due to the ongoing strained situation in recycling, the Group's strategy has been reconsidered for this division.

Future possibilities range from an external partner to a total divestment. A final decision is expected within the current year. In view of expected seasonal impacts, results of the 2nd half- year will be below 1st half-year figures. Due to the positive demand from Europe, price stability and satisfying utilisation of capacities is expected in cartonboard as well as in packaging.

IMPORTANT DATES:
September 1, 1998 Final consolidated results for the 1998 1st Half-Year, press conference in Vienna

October 21, 1998 Report for the first three quarters of 1998

For further information please call: Stephen Werba, Investor Relations, Mayr-Melnhof Karton AG, Brahmsplatz 6, A-1041 Vienna Tel:
+43 / 1 50136 68, Fax: +43 / 1 50136 95 e-mail:
investor.relationsmayr-melnhof.co.at web site:
http://www.mayr-melnhof.co.at ´

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