Stock Exchange release March 25, 2003 03:05:20 PM CET

APPOINTMENTS TO THE BOARDS OF METSO'S BUSINESS AREAS

Metso Corporation's Board of Directors has appointed the Boards of Metso's business areas as of today, March 25, 2003 as follows:
 
Metso Paper Inc.:
- Tor Bergman, President and CEO, Metso Corporation, Chairman of the Board
- Olli Vaartimo, Metso's coming Executive Vice President and CFO, Vice Chairman as of April 22, 2003 replacing Sakari Tamminen, present Executive Vice President, who will join Rautaruukki on April 22, 2003
- Markku Karlsson, Senior Vice President, Technology, Metso Corporation, Board member
- Bertel Karlstedt, President, Metso Paper, Board member
- Matti Kähkönen, President, Metso Automation, Board member
- Juhani Pakkala, previous President of Metso Paper, Board member.
 
Metso Minerals Inc.:
- Tor Bergman, Chairman of the Board
- Olli Vaartimo, Vice Chairman as of April 22, 2003 replacing Sakari Tamminen
- Markku Karlsson, Board member,
- Jorma Karppinen, President, Process Automation Business Line, Metso Automation, Board member
- Bertel Langenskiöld, the coming President of Metso Minerals.
 
Metso Automation Inc.:
- Tor Bergman, Chairman of the Board
- Olli Vaartimo, Vice Chairman as of April 22, 2003, replacing Sakari Tamminen
- Arto Aaltonen, Executive Vice President, Metso Paper, Board member
- Vesa Kainu, Executive Vice President, Metso Minerals, Board member
- Markku Karlsson, Board member
- Matti Kähkönen, Board member.
 
Metso Ventures:
- Tor Bergman, Chairman of the Board
- Olli Vaartimo, Vice Chairman as of April 22, 2003, replacing Sakari Tamminen
- Markku Karlsson, Board member
- Juhani Kyytsönen, Senior Vice President, Corporate Development, Metso, Board member.
 
Metso Corporation is a global supplier of process industry machinery and systems, as well as know-how and aftermarket 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 2002, the net sales of Metso Corporation were EUR 4.7 billion and the personnel totaled approximately 28,500. Metso Corporation is listed on the Helsinki and New York Stock Exchanges