Stock Exchange release November 4, 2008 10:15:00 AM CET
Metso Corporation's largest shareholders according to the shareholder register on November 3, 2008
Metso Corporation Company release on November 4, 2008 at 11:15 a.m.
Metso's Annual General Meeting decided on April 2, 2008 to establish a Nomination Committee to prepare proposals for the next Annual General Meeting on the composition of the Board of Directors along with the director remuneration.
The representatives of the four biggest shareholders are elected to the Nomination Committee and the Chairman of the Board as an expert member. The right to nominate members to represent shareholders in the Committee belongs to the four shareholders who hold the most votes in Metso on November 3, 2008. The Chairman of the Board will convene the Nomination Committee, and the Committee will elect a chairman from among its members.
According to the shareholder register, Metso Corporation's four largest shareholders on November 3, 2008 were: State of Finland (15,695,287 shares and votes or 11.07% of share capital and votes), Cevian Capital II Master Fund L.P. (7,060,060 shares and votes or 4.98% of share capital and votes), Varma Mutual Pension Insurance Company (3,520,204 shares and votes or 2.48% of share capital and votes) and Ilmarinen Mutual Pension Insurance Company (3,237,621 shares and votes or 2.28% of share capital and votes).
Metso Corporation's next Annual General Meeting is planned to be held on March 31, 2009.
Metso is a global engineering and technology corporation with 2007 net sales of over EUR 6 billion. Its over 27,000 employees in approximately 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries.
Further information for the press, please contact:
Aleksanteri Lebedeff, Senior Vice President, General Counsel, Metso Corporation,
tel. +358 20 484 3240
Further information for investors, please contact:
Johanna Sintonen, Vice President, Investor Relations, Metso Corporation, tel. +358 20 484 3253
Executive Vice President and CFO
Vice President, Corporate Communications
NASDAQ OMX Helsinki Ltd