Stock Exchange release May 25, 2005 12:05:37 PM CET

Harris Associates L.P.'s holding in Metso

Metso Corporation has been informed about a decrease in the holding of the accounts managed by Harris Associates L.P. of the paid up share capital of Metso Corporation.
 
On May 19, 2005, the accounts managed by Harris Associates L.P. became the beneficial owners of 6,828,800 Metso shares. This holding amounts to 4.82 percent of the paid up share capital and the voting rights of Metso Corporation after being, on the basis of the previous announcement, 5.07 percent on March 24, 2003.
 
Metso is a global technology corporation serving customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries. In 2004, the net sales of Metso Corporation were approx. EUR 4 billion, and it has some 22,000 employees in more than 50 countries. Metso's shares are listed on the Helsinki and New York Stock Exchanges.