HELSINKI, Finland, Nov. 18, 2005 (PRIMEZONE) -- Metso Corporation has been informed on November 17, 2005 about decreases in the holding of the accounts managed by NWQ Investment Management Company LLC of the paid up share capital of Metso Corporation.
As a result of share transactions concluded on June 6, 2005, the accounts managed by NWQ Investment Management Company LLC were beneficial owners of 745,280 Metso's common shares and 6,074,800 American Depository Receipts. This holding corresponded to 4.81 percent of the paid up share capital and voting rights of Metso Corporation after being, on the basis of their previous announcement, 5.71 percent on May 31, 2005.
Subsequently, share transactions concluded on November 15, 2005 have brought NWQ Investment Management Company's beneficially owned holdings to 111,080 American Depositary Receipts. This holding corresponds to 0.08 percent of Metso's paid up share capital and the voting rights.
Metso is a global technology corporation serving customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries. In 2004, the net sales of Metso Corporation were approx. EUR 4 billion, and it has some 22,000 employees in more than 50 countries. Metso's shares are listed on the Helsinki and New York Stock Exchanges.