Stock Exchange release August 29, 2005 08:03:32 AM CET

J.P. Morgan Chase & Co.'s holdings in Metso to 5.04 percent

 Metso Corporation has been informed about an increase in the holding of the mutual funds managed by J.P. Morgan Chase & Co. of the paid up share capital of Metso Corporation. On August 23, 2005, J.P. Morgan Chase & Co 's holdings amounted to 5.04 percent of the paid up share capital of Metso Corporation. The threshold of five percent was crossed on August 23, 2005 when J.P. Morgan Asset Management (UK) Limited acting as a discretionary investment manager for underlying funds purchased 111,706 Metso shares.
 
Holdings by mutual funds of J.P. Morgan Chase & Co. were as follows on August 23, 2005:
 
                                                           
This holding corresponds to 5.04 percent of the paid up share capital of Metso Corporation.
 
 
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.