Metso Oyj - Company Announcement

Metso Corporation s largest shareholders according to the shareholder register on November 1, 2007

Metso's Annual General Meeting decided on April 3, 2007 to establish
a Nomination Committee to prepare proposals for the next Annual
General Meeting on the composition of the Board of Directors along
with the director remuneration.

The right to nominate members to represent shareholders in the
Committee belongs to the four shareholders who hold the most votes in
Metso on November 1 prior to the Annual General Meeting. The Chairman
of the Board will convene the Nomination Committee, and the Committee
will elect a chairman from among its members.

According to the shareholder register, Metso Corporation's four
largest shareholders on November 1, 2007 were: State of Finland
(15,695,287 shares and votes or 11.07 % of share capital and votes),
Varma Mutual Pension Insurance Company (4,120,737 shares and votes or
2.90 % of share capital and votes), Ilmarinen Mutual Pension
Insurance Company (2,920,303 shares and votes or 2.06 % of share
capital and votes) and  Cevian Capital II Master Fund L.P. (2,134,127
shares and votes or 1.50 % of share capital and votes).

Metso Corporation's next Annual General Meeting is planned to be held
on April 2, 2008.

Metso is a global engineering and technology corporation with 2006
net sales of approximately EUR 5 billion. Its more than 26,000
employees in more than 50 countries serve customers in the pulp and
paper industry, rock and minerals processing, the energy industry and
selected other industries.
www.metso.com

Further information for the press, please contact:
Aleksanteri Lebedeff, Senior Vice President, General Counsel, Metso
Corporation,
tel. +358 20 484 3240

Further information for investors, please contact:
Johanna Sintonen, Vice President, Investor Relations, Metso
Corporation,
tel. +358 20 484 3253


Metso Corporation


Olli Vaartimo
Executive Vice President and CFO



Kati Renvall
Vice President,
Corporate Communications



distribution:
Helsinki Stock Exchange
New York Stock Exchange
Media
www.metso.com