Stock Exchange release March 17, 2004 10:07:31 AM CET

METSO TO SUPPLY BCTMP PULPING AND BALING LINE EQUIPMENT TO M-REAL KASKINEN

Metso Paper will supply M-real Corporation equipment for a pulping and a baling line at their new BCTMP (bleached chemi-thermomechanical pulp) plant in Kaskinen, Finland. The start-up is scheduled for August 2005. The value of the order is not disclosed.
 
Metso Paper's delivery will consist of equipment for chip-handling, main-line and reject refining, screening, thickening, cleaning, pulping, as well as for baling and bale handling, including a bale quality system. The delivery will also include auxiliary services and quality control equipment from Metso Automation.
 
The Kaskinen plant will annually produce 300,000 tons of high-quality BCTMP pulp for M-real's own printing paper and packaging board mills.
 
M-real Corporation is one of Europe's leading suppliers of coated and uncoated fine papers and high-quality magazine papers, as well as packaging boards for consumer products. In 2003, M-real's net sales were EUR 6,044 million, and the corporation employed approximately 20,400 people.
 
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 2003, the net sales of Metso Corporation were EUR 4.3 billion. It has approximately 26,000 employees in 50 countries. Metso Corporation is listed on the Helsinki and New York Stock Exchanges.