Metso Oyj - Company Announcement

Shareholders whose aggregated ownership in Tamfelt Corp. is 51.66 per cent have undertaken to accept Metso's exchange offer

Metso Corporation's company release on November 24, 2009 at 9:25 a.m.
local time

Metso Corporation's exchange offer for Tamfelt Corp.'s shares and
stock options commenced on November 23, 2009 at 9:00 a.m. (Finnish
time). By now, shareholders, whose aggregated ownership in Tamfelt
Corp. is 51.66 per cent, have undertaken to accept Metso's exchange
offer.

Metso announced in the share exchange offer document and listing
particular published on November 20, 2009 that certain shareholders
of Tamfelt (Ilmarinen Mutual Pension Insurance Company, Varma Mutual
Pension Insurance Company, Tapiola Mutual Pension Insurance Company,
Mandatum Life Insurance Company Limited, Kaleva Mutual Insurance
Company as well as certain institutional and private shareholders),
whose aggregated ownership in Tamfelt is 45.32 per cent of shares
(including the 2.82 per cent ownership of Tamfelt held by Metso), had
irrevocably and unconditionally undertaken to accept the share
exchange offer. After this, Metso has received corresponding
undertakings from certain other owners, whose aggregated ownership in
Tamfelt is 6.34 per cent. Accordingly, shareholders in Tamfelt
(including Metso), whose aggregated ownership in Tamfelt is 51.66 per
cent, have irrevocably and unconditionally undertaken to accept
Metso's share exchange offer.

The offer period for the share exchange offer preliminarily expires
on December 18, 2009 at 4:00 p.m (Finnish time).

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 26,500 employees in more
than 50 countries. www.metso.com


Further information, please contact:

Johanna Henttonen, Vice President, Investor Relations, Metso
Corporation, tel. +358 20 484 3253


This release may not be released or otherwise distributed, in whole
or in part, in or into Australia, Canada, Japan, New Zealand, South
Africa or the United States. This release is not a tender offer
document and as such does not constitute an offer or invitation to
make a sales offer. Investors shall accept the Share Exchange Offer
for the shares and the offer for the Stock Options only on the basis
of the information provided in a share exchange offer document.
Offers will not be made directly or indirectly in any jurisdiction
where either an offer or participation therein is prohibited by
applicable law or where any share exchange offer document or
registration or other requirements would apply in addition to those
undertaken in Finland.

The share exchange offer document and related acceptance forms will
not and may not be distributed, forwarded or transmitted into or from
any jurisdiction where prohibited by applicable law. In particular,
the Share Exchange Offer or the offer for the Stock Options is not
being made, directly or indirectly, in or into, or by use of the
postal service of, or by any means or instrumentality (including,
without limitation, facsimile transmission, telex, telephone or the
Internet) of interstate or foreign commerce of, or any facilities of
a national securities exchange of, Australia, Canada, Japan, New
Zealand, South Africa or the United States. The Share Exchange Offer
or offer for the Stock Options cannot be accepted by any such use,
means or instrumentality or from within Australia, Canada, Japan, New
Zealand, South Africa or the United States.