Stock Exchange release December 4, 2002 02:02:30 PM CET

METSO RECEIVES ORDERS WORTH EUR 25 MILLION FOR GRINDING EQUIPMENT TO CHILE AND CHINA

Metso Minerals will supply grinding equipment for two major mine expansion projects in Chile and China. The combined value of the orders is EUR 25 million. The deliveries will take place in the second half of 2003. The delivery to Chile will include the world's largest semi-autogenous (SAG) and ball mills.
Compañía Minera Doña Ines de Collahuasi in Chile has ordered five Metso grinding mills to regrind copper concentrate and for lime slaking in the Ujina-Rosario Transition Project. Metso's delivery will include the world's largest semi-autogenous (SAG) and ball mills. The SAG mill will have a diameter of 12 meters and 21 megawatt installed power. The ball mill will be 7.5 meters in diameter with 15.5 megawatt installed power. The Collahuasi mine, located in Northern Chile, is a joint venture owned by Falconbridge Ltd (44%), Anglo American (44%) and a Japanese consortium (12%).
Metso Minerals will also supply Anhui TongDu Copper Stock Co. Ltd. in China a grinding mill for the Dongguashan copper project located in central Anhui province. The mill will be the first imported high-aspect SAG mill in operation in China.
 
Metso Corporation is a global supplier of process industry machinery and systems, as well as know-how and aftermarket and services. The corporation's core businesses are fiber and paper technology (Metso Paper), rock and mineral processing (Metso Minerals) and automation and control technology (Metso Automation). In 2001, the net sales of Metso Corporation were EUR 4.3 billion and the personnel totaled approximately 30,000. Metso Corporation is listed on the Helsinki and New York Stock Exchanges.