Metso Oyj - Company Announcement

New, long-term incentive plan for Metso's key management

Metso Corporation's company release on October 29, 2009 at 12:30 p.m.

The Board of Directors of Metso Corporation approved today a new,
share-based incentive plan for the Metso Group management (Metso
Share Ownership Plan 2010-2012). The Plan is continuation of the 2008
approved program targeting to align the goals of the company's
shareholders and key executives in the Group in order to enhance the
value of the company. It also aims to ensure the commitment of key
management and to offer them a competitive, ownership-based reward
scheme.

The plan includes one three-year earning period, which will begin on
January 1, 2010 and will end on December 31, 2012. The Plan is
targeted to approximately 100 key managers, including members of the
Metso Executive Forum.

Participation in the new Plan and receipt of the potential reward
requires that the individual invests in Metso shares at the beginning
of the earning period. The potential reward from the plan is based on
Metso's Total Shareholder Return (TSR) and on the Earnings per Share
(EPS) of the Metso Group. The maximum share reward is capped to each
individual's annual salary multiplied by one-and-a-half (x 1.5).

The amount earned in rewards will be determined on the basis of the
achievement of targets after the financial statements have been
prepared in the spring of 2013. Any rewards will be paid to those
covered by the scheme in the first half of 2013. The reward will be
paid in Metso shares. Any shares earned through the incentive plan
must be held for a minimum of one year after the date of the reward
payment.

The rewards to be paid on the basis of the plan will correspond to a
maximum total of approximately 400,000 Metso Corporation shares.
Final allocations and maximum total number of shares will be decided
in December 2009. The shares to be transferred in possible rewards
are Metso shares obtained in public trading, and therefore the
incentive plan will have no diluting effect on the share value.

Metso is a global supplier of sustainable technology and services for
mining, construction, power generation, automation, recycling and the
pulp and paper industries. We have about 28,000 employees in more
than 50 countries. www.metso.com

Further information for the press, please contact:
Merja Kamppari, Senior Vice President, Human Resource Management,
Metso Corporation, tel. +358 204 84 3003

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


Metso Corporation

Olli Vaartimo
Executive Vice President and CFO

Kati Renvall
Vice President, Group Communications

Distribution:
NASDAQ OMX Helsinki Ltd
Media
www.metso.com