Metso to supply fiberboard production line to Greece

Metso Corporation   Stock Exchange Release January 12, 2005 at 2.00 p.m.

Metso to supply fiberboard production line to Greece

Metso Panelboard will upgrade and deliver equipment for Alfa Wood - Pindos SA's
fiberboard production line in Greece. The order is included in the order backlog
of Metso Panelboard for the fourth quarter of 2004. The delivery will take place
during the spring and summer of 2005. The start-up of the upgraded fiberboard
production line is scheduled for September 2005. The value of the order is not

Metso Panelboard's delivery includes an upgrade of existing production equipment,
as well as equipment and engineering services for a debarking line, a new press
line, a pre-press and press equipment, a forming line and press outfeed including
in-line format saws. As part of the upgrade of the production line, the existing
production control system will be replaced by a modern automation system. The
delivery also includes a highly advanced measuring and optimization system for
continuous in-line measuring of fiberboard production.

The equipment, which will use softwood as the main raw material, will be
installed at Alfa Wood - Pindos SA's plant at Grevena, Greece. At full operation,
the production capacity will be increased to approximately 300 cubic meters of
panels/day. The panel qualities to be produced are medium density fiberboard
(MDF) and light/ultra light MDF. The production line at Grevena was originally
delivered by Metso in late 1980's to the former owner, Pindos SA.

Alfa Wood - Pindos SA is a private Greek company established in the furniture
business.  Alfa Wood - Pindos SA has production units for veneering, lamination,
furniture and particleboard, as well as sawmills in Greece and Bulgaria.

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.

For further information please contact:

Thomas Olofsson, Vice President and General Manager, Fiberboard Division, Metso
Panelboard, tel. +46 60 16 50 92, e-mail

Åke Sundbergh, General Manager, Marketing and Sales, Fiberboard Division, Metso
Panelboard, tel. +46 60 16 54 53, e-mail

Eeva Mäkelä, Vice President, Investor Relations, Metso Corporation, tel. +358 204
84 3253, e-mail:

Metso Corporation

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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.