Metso Oyj - Company Announcement

Metso confirms Propapier paper making line order

Metso Corporation Company release on August 4, 2008 at 12.00 p.m.

Metso confirms that it will supply a paper making line to Propapier's
greenfield mill in Eisenhüttenstadt, Germany. Originally Propapier's
investment was subject to e.g. local authority approvals, and
therefore a dissolution clause was included in the agreement
published in February. Now that the necessary approvals have been
received, the agreements with Propapier have been confirmed and Metso
will include the order in their 3rd quarter order backlog. The total
value of the order is approximately EUR 200 million.

The new line will produce up to 650,000 tonnes of liner and fluting
grades in a basis weight range of 70-130 g/m2. It will come on stream
in late 2009.

Metso Paper will supply all the main equipment for the line, and
Metso Automation will supply a comprehensive automation and quality
management solution. Furthermore, the parties have additionally
agreed on a two-year cooperation period for production and quality
optimization.

Propapier PM2 GmbH & Co KG is part of Progroup AG, a group of
companies offering products and services for the corrugated
board-processing industry. Propapier currently produces 320,000
tonnes of testliner and corrugated medium annually with one of the
most modern production lines in the world.

Metso is a global engineering and technology corporation with 2007
net sales of over EUR 6 billion. Its over 27,000 employees in
approximately 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:
Reima Kerttula, Senior Vice President, Paper and board machines,
Metso Paper
Tel +358 40 064 8458
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