Short-term rating on Metso placed on Cre

Metso Corporation Stock Exchange Release Febr 16, 2004 at 9.15 am

Short-term rating on Metso placed on Credit Watch by Standard & Poor's

Standard & Poor's Rating Services has placed the A-3 short-term
ratings of Metso Corporation on Credit Watch with negative

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 and the personnel totaled
approximately 27,400. Metso Corporation is listed on the Helsinki and
New York Stock Exchanges.

For further information please contact:
Pekka Hölttä, Senior Vice President, Corporate Treasurer, Metso
Corporation, tel. +358 204 84 3195

Metso Corporation

Olli Vaartimo                      Helena Aatinen
President & CEO                         SVP, Corporate communications

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.