Stock Exchange release March 12, 2004 10:02:39 AM CET

METSO TO SUPPLY WOODHANDLING AND BCTMP PULPING LINE TO SHANDONG CHENMING IN CHINA

Metso Paper will supply a woodhandling and BCTMP (bleached chemi-thermomechanical pulp) line to Shandong Chenming Paper Holdings Ltd. in China. The new line will start in Shouguang, Shandong province, during the first quarter of 2005. The value of the order is not disclosed.
 
Metso Paper's delivery will include equipment for chip washing, main-line refining and screening, reject thickening and refining, pulp washing and bleaching as well as steam separation with heat recovery and a control system. The woodhandling system delivery will consist of debarking and chip-screening processes and two chip silos equipped with reclaimers.
 
The new line will manufacture 735 tonnes/day of high-quality BCTMP pulp for board production. Chinese poplar will be used as raw material for the line.
 
Shandong Chenming Paper Holdings Ltd. is one of the largest paper companies in China. The company's annual production capacity is approximately 1.5 million tonnes of paper and board. It's A and B shares are listed in the Shenzhen Stock Exchange.
 
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.