Ad Hoc News Details

Publication according to Section 82 (8) in connection with Section 82 (9) of the Austrian Stock Exchange Act (Börsegesetz) and Sections 4 (2) and 5 of the Publication Regulation ("Veröffentlichungsverordnung").

By resolution of the 13th Ordinary Shareholders' Meeting of Mayr-Melnhof Karton AG of April 25, 2007 the Management Board was authorized for a period of 18 months to buy back own shares of up to 10 percent of the Company's capital stock. The counter value per share to be acquired shall, however, not exceed the average market price during the last 10 trading days prior to the relevant purchase and must not be less than half of this price. The mentioned resolution was published in the "Amtsblatt zur Wiener Zeitung" (formal official gazette) on May 10, 2007.

On November 22, 2007 the Management Board of Mayr-Melnhof Karton AG has decided to make use of this authorization. The Supervisory Board of the Company has approved of this decision.

Details of the share repurchase program:

Period of time: From November 27, 2007 until October 25, 2008 at the latest

Class of shares: Ordinary bearer shares

Intended volume: Up to 2,200,000 ordinary shares, i.e. up to a maximum of 10% of the current capital stock

Repurchase price: The repurchase price per share must not exceed the average market price during the last 10 trading days prior to the relevant purchase, nor must be less than half of this price.

Type of repurchase: Via the Vienna Stock Exchange

Purpose of repurchase: Capital structure improvement measures

According to Sections 6 and 7 of the Publication Regulation, the Company intends to publish on its website www.mayr-melnhof.com all changes within the scope of this share repurchase program as well as all transactions carried out.

For further information, please contact:

Stephan Sweerts-Sporck, Investor Rel. Mayr-Melnhof Karton AG.
Brahmsplatz 6, A-1041 Vienna
Tel.: +43/ 1 50136 91180, Fax: +43/ 1 50136 91391
e-mail: investor.relations@mm-karton.com
Web Site: http://www.mayr-melnhof.com