Metso Oyj - Company Announcement

Metso supplies pulp mill equipment for Horizonte Project in Brazil

Metso Paper's Power business line will supply a new recovery boiler,
a new evaporation plant, and a new power boiler for the greenfield
pulp mill located in Brazil. Start-up is scheduled for the first half
of 2009. The total value of the order is approximately EUR 150
million.

The order was placed to Poyry Empreendimentos Industriais S.A., the
contractor chosen by Chamflora, subsidiary of IP, to build the mill
at the Três Lagoas site in Brazil's Mato Grosso do Sul state. The
project was recently transferred to VCP as part of an asset exchange
between the two companies.

The recovery boiler is rated at 5,300 tons of dry solids per day and
the evaporation plant at 1,250 tons of evaporated water per hour. The
biomass-fired power boiler (108 MWth) utilizes bubbling fluidized bed
technology.

The design capacity of this greenfield bleached eucalyptus market
pulp mill is 1,250,000 tons per year.

VCP, part of the Votorantim Group which is one of the largest private
industrial conglomerates in Latin America, is one of Latin America's
biggest pulp and paper manufacturers. In Brazil, it is a leader in
the segments of coated paper, carbonless paper, thermal paper and
other special grades.


Metso is a global engineering and technology corporation with 2006
net sales of approximately EUR 5 billion. Its 25,500 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:
Kari Remes, General Manager, Sales, Metso Power Oy, tel. +358 40 709
2015

Further information for investors, please contact:
Johanna Sintonen, Vice President, Investor Relations, Metso
Corporation, tel. +358 40 530 0778

Metso Corporation



Olli Vaartimo
Executive Vice President and CFO



Kati Renvall
Vice President,
Corporate Communications



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