Vesa Kainu appointed President of Metso

Metso Corp.  Stock Exchange Release May 27, 2003 at 2.30 p.m.

Vesa Kainu appointed President of Metso Ventures

Vesa Kainu has been appointed President of Metso Ventures, which
comprises the fourth business area at Metso Corporation, as of today.
He has also been appointed a member of Metso's Executive Board. Kainu
reports to Tor Bergman, President and CEO of Metso Corporation. Metso
Ventures has been headed by Olli Vaartimo, Executive Vice President
and CFO in addition to his other duties.

Appointments in Metso's Extended Executive Board

Helena Aatinen, Senior Vice President, Corporate Communications has
been appointed a member of Metso's Extended Executive Board.

Mikko Luoma, who will start as head of Metso's Human Resource
Management on July 1, 2003, has been appointed a member of Metso's
Extended Executive Board from the beginning of July.

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 2002, the net sales of
Metso Corporation were EUR 4.7 billion and the personnel totaled
approximately 28,500. 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

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.