Stock Exchange release June 7, 2006 12:00:40 PM CET

Metso to rebuild UPM's paper machine in Jämsänkoski, Finland

Metso Paper will supply UPM with a rebuild of their paper machine no. 4 at Jämsänkoski mill in Finland. The total value of the order is around EUR 20 million. The rebuilt machine is scheduled to start up during the second quarter of 2007.
 
The delivery contains a new coating station with a coating colour supply system and air dryers, as well as a new on-line calender. Some of the existing dry-end machinery will be re-used in the modernization, which also includes wet end runnability improvements. Together with the machine rebuild, Metso Automation will supply machine controls, process controls and quality measurements, controls and profilers. The existing system will be upgraded to the latest metsoDNA technology.
 
The 5.4-m-wide machine, which dates to 1974, currently produces coated mechanical (MFC) paper grades. Metso Paper will convert the machine to produce high-quality coated papers for labels.
 
UPM Jämsänkoski mill is located in Jämsänkoski, Finland. The mill operates four paper machines, which produce a total of 870,000 tons of SC, MFC and label papers per year. The production of MFC grades will end and change to label papers during the second quarter of 2007.
 
UPM is one of the world's leading producers of printing papers.  The Group's sales in 2005 were EUR 9.3 billion, and it has over 31,000 employees. The company has production plants in 15 countries and its main market areas are Europe and North America.
 
Metso is a global engineering and technology corporation with 2005 net sales of approximately EUR 4.2 billion. Its 22 000 employees in more than 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries.
www.metso.com