Aug 28, 2007. /Lesprom Network/. The 13th ordinary shareholders’ meeting of Mayr-Melnhof Karton AG held on April 25, 2007 has resolved on a simplified reduction of the company’s share capital from Euro 96 million to Euro 88 million by cancellation of 2 million treasury shares in the pro rata amount of Euro 8 million (or 8.33%) of the share capital. The respective entry into the company register was on August 23, 2007. With the cancellation of the treasury shares, effective as of August 30, 2007, the company’s total holding of treasury shares will be reset to 0.00%. Subsequently, the company’s share capital in the amount of Euro 88 million will be divided into 22 million no-par shares. The Mayr-Melnhof Group is the world-leader in recycled fiber based cartonboard and Europe’s leading manufacturer of folding cartons. Moreover, it is one of the leading European packaging producers for cigarettes and confectionary. Mayr-Melnhof’s operations are entirely concentrated on the core business areas which are managed in two operative segments MM-Karton and MM-Packaging.