Metso Corporation   Stock Exchange Release December 14, 2004 at 9.00 a.m. 1(1)


Metso's Annual General Meeting decided on April 6th, 2004 to establish a
Nomination Committee of the Annual General Meeting to prepare proposals for the
following General Meeting to be held on April 4th, 2005 on the composition of the
Board of Directors along with the director remuneration. The Annual General
Meeting decided that the Nomination Committee would consist of the
representatives of Metso's four biggest registered shareholders as of December
1st, 2004 along with the Chairman of Metso's Board of Directors as an expert

Metso's four biggest registered shareholders on the given date were UPM-Kymmene
Corporation, State of Finland, Ilmarinen Mutual Pension Insurance Company and
Varma Mutual Pension Insurance Company. These shareholders have chosen the
following persons as their representatives on Metso's Nomination Committee:
Heikki Sara (Chairman of the Nomination Committee), Executive Vice President,
Strategy (UPM-Kymmene Corporation); Markku Tapio, Director General, State
Shareholdings unit (State of Finland); Kari Puro, President and CEO (Ilmarinen)
and Matti Vuoria, President and CEO (Varma). The Chairman of Metso's Board of
Directors Matti Kavetvuo serves as the Committee's expert member.

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. Metso has approximately
23,000 employees in over 50 countries. Metso Corporation is listed on the
Helsinki and New York Stock Exchanges.

Metso Corporation

Olli Vaartimo                            Helena Aatinen
Executive Vice President and CFO         Senior Vice President
                                         Corporate Communications and
                                         Stakeholder Relations

Helsinki Exchanges
New York Stock Exchange

About Us

Metso is a world-leading industrial company offering equipment and services for the sustainable processing and flow of natural resources in the mining, aggregates, recycling and process industries. With our unique knowledge and innovative solutions, we help our customers improve their operational efficiency, reduce risks and increase profitability. Metso employs over 14,000 people in more than 50 countries.