Metso Oyj - Major shareholder announcements

The Finnish government proposes to transfer the state-owned Metso Corporation shares to Solidium Oy

Metso Corporation Company Release, October 22, 2008 at 5.45 p.m.

Metso Corporation has today been informed of the following:

The Finnish State and Solidium Oy (company id 0866693-1) inform about
an arrangement that would result in the Finnish State's holdings in
Metso Corporation to fall below and Solidium Oy's holdings to exceed
the thresholds set out in the Finnish Securities Markets Act, section
9 of chapter 2.


The Government has on October 21, 2008 decided to propose to
Parliament that state-owned equities in eight listed companies,
including Metso Corporation, be transferred to the entirely
state-owned Solidium Oy. The State will transfer its shares to
Solidium as a capital contribution. The matter will be presented for
decision to Parliament in connection with the supplementary budget.
The arrangement will materialize if the proposal is accepted in
Parliament and when Solidium Oy's exemption order from the obligation
to make a public bid, granted by Finnish Financial Supervision
Authority to some other listed companies, will come into force.


The shares to be transferred to Solidium Oy include 15,695,287 Metso
Corporation shares, which corresponds to 11.07 percent of the paid up
share capital and votes in Metso Corporation.


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


For further information, please contact:

Johanna Sintonen, Vice President, Investor Relations, Metso
Corporation,
tel. +358 204 84 3253

Metso Corporation


Olli Vaartimo
Executive Vice President and CFO


Kati Renvall
Vice President, Corporate Communications

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