Metso Oyj - Major shareholder announcements

Notification according to chapter 9, section 5 and 6 of the Securities Market Act: BlackRock Inc.'s holding in Metso

Metso Corporation, Stock exchange release, March 27, 2017 at 2:00 p.m. EEST
Notification according to chapter 9, section 5 and 6 of the Securities Market
Act: BlackRock Inc.'s holding in Metso

Metso Corporation has received a notification, pursuant to Chapter 9, Section 5
and  6 of the Finnish Securities  Markets Act, about a  change in the holding of
mutual  funds  managed  by  BlackRock,  Inc.  of  the total amount of shares and
financial instruments entitling to shares of Metso Corporation.

On  March 24, 2017, BlackRock, Inc.'s aggregate holding in Metso exceeded the 5
percent  threshold and amounted  to 7,627,022 shares or  5.07 percent of Metso's
shares  and votes.  BlackRock, Inc.'s  holding through  financial instruments in
Metso  Corporation amounted to 345,449 shares, which corresponds to 0.22 percent
of  the  total  amount  of  shares  in  Metso  Corporation.  On March 24, 2017,
BlackRock,  Inc.'s total position in  Metso Corporation amounted to 7,972,471 or
5.30 percent of Metso's shares and votes.

Metso's total number of shares and voting rights is 150,348,256.
BlackRock, Inc.'s holdings according to the notification:

+-----------------------+----------------+---------------------+---------------+
|                       |% of shares and |   % of shares and   | Total of both |
|                       | voting rights  |voting rights through|     in %      |
|                       |      (A)       |financial instruments|    (A + B)    |
|                       |                |         (B)         |               |
+-----------------------+----------------+---------------------+---------------+
|Resulting situation on |                |                     |               |
|the date on which the  |     5.07%      |        0.22%        |     5.30%     |
|threshold was reached  |                |                     |               |
+-----------------------+----------------+---------------------+---------------+
|Position of previous   |     4.35%      |        1.53%        |     5.89%     |
|notification           |                |                     |               |
+-----------------------+----------------+---------------------+---------------+


+------------------------------------------------------------------------------+
|A: Shares and voting rights                                                   |
+----------------+----------------------------+--------------------------------+
|                |Number of shares and voting | % of shares and voting rights  |
|                |           rights           |                                |
+----------------+-------------+--------------+------------+-------------------+
|                |   Direct    |   Indirect   |   Direct   |     Indirect      |
|   ISIN Code    |  (SMA 9:5)  | (SMA 9:6 and | (SMA 9:5)  |  (SMA 9:6 and 7)  |
|                |             |      7)      |            |                   |
+----------------+-------------+--------------+------------+-------------------+
|FI0009007835    |             |  7,627,022   |            |       5.07%       |
+----------------+-------------+--------------+------------+-------------------+
|SUBTOTAL A      |         7,627,022          |             5.07%              |
+----------------+----------------------------+--------------------------------+
|                                                                              |
+------------------------------------------------------------------------------+
|B: Financial Instruments according to SMA 9:6a                                |
+--------------+--------------+-----------+---------------+----------+---------+
|   Type of    |              |           |               |Number of |  % of   |
|  financial   |  Expiration  | Exercise  |  Physical of  |shares and| shares  |
|  instrument  |     date     |  Period   |cash settlement|  voting  |   and   |
|              |              |           |               |  rights  | voting  |
|              |              |           |               |          | rights  |
+--------------+--------------+-----------+---------------+----------+---------+
|Securities    |     N/A      |    N/A    |   Physical    | 316,082  |  0.21%  |
|Lent          |              |           |               |          |         |
+--------------+--------------+-----------+---------------+----------+---------+
|CDF           |     N/A      |    N/A    |     Cash      |  29,367  |  0.01%  |
+--------------+--------------+-----------+---------------+----------+---------+
                                          |SUBTOTAL B     | 345,449  |  0.22%  |
                                          +---------------+----------+---------+


Metso is a world leading industrial company serving the mining, aggregates,
recycling, oil, gas, pulp, paper and process industries. We help our customers
improve their operational efficiency, reduce risks and increase profitability by
using our unique knowledge, experienced people and innovative solutions to build
new, sustainable ways of growing together.

Our products range from mining and aggregates processing equipment and systems
to industrial valves and controls. Our customers are supported by a broad scope
of services and a global network of over 80 service centers and about 6,000
services professionals. Metso has an uncompromising attitude towards safety.

Metso is listed on the NASDAQ OMX Helsinki, Finland, and had sales of about EUR
2.6 billion in 2016. Metso employs over 11,000 persons in more than 50
countries. Expect results.

www.metso.com, www.twitter.com/metsogroup

Further information, please contact:
Juha Rouhiainen, VP, Investor Relations, Metso Corporation, tel +358 20 484 3253

Metso Corporation

Eeva Sipilä
CFO

Juha Rouhiainen
VP, Investor Relations

Distribution:
NASDAQ Helsinki Ltd
Media
www.metso.com






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