Metso Oyj - Company Announcement

Metso to supply minerals processing equipment to Gold Reserve in Venezuela

Metso Minerals will supply minerals processing equipment to Gold
Reserve Inc. for its Brisas gold-copper project in Venezuela. The
delivery will be completed by the end of 2009. The value of the order
is approximately EUR 47 million. The order is included in Metso's
second quarter order backlog.

Metso's order comprises two SAG mills, four ball mills and two
VERTIMILL grinding mills. Additionally, Metso Minerals will supply
apron feeders, a primary gyratory crusher and cone crushers to Gold
Reserve. The order includes start-up and commissioning services, as
well as initial spare parts for the project.

The Brisas Project, located in the Bolivar State near Las Claritas,
will be Venezuela's largest mine in terms of throughput. Gold Reserve
Inc. is listed on the American (AMEX) and Toronto stock exchanges.

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:
Jeffery A. Leonard, Senior Vice President, Comminution, Mining
business line, Metso Minerals, tel. +1 717 849 7464


Metso Corporation

Olli Vaartimo
Executive Vice President and CFO

Kati Renvall
Vice President,
Corporate Communications

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