HELSINKI, Finland, Jan. 10, 2006 (PRIMEZONE) -- Metso Corporation has been informed about a change in the holding of the mutual funds managed by J.P. Morgan Chase & Co. of the paid up share capital of Metso Corporation. On January 9, 2006, J.P. Morgan Chase & Co 's holdings amounted to 5.08 percent of the paid up share capital of Metso Corporation after being, on the basis of their previous announcement, 4.76 percent on December 29, 2005. The threshold of five percent was crossed on January 9, 2006 when J.P. Morgan Asset Management (UK) purchased 175,838 Metso shares.
According to their announcement, holdings by mutual funds of J.P. Morgan Chase & Co. on January 9, 2006 were as follows:
J.P. Morgan Investment Management Inc. 2,230,618 shares J.P. Morgan Trust Bank 408,000 shares J.P. Morgan Fleming Asset Management (Japan) Limited 10,806 shares JPMorgan Asset Management (London) Limited 37,188 shares JPMorgan Asset Management (UK) Limited 4,065,758 shares JPMorgan Chase Bank 422,209 shares J.P. Morgan Securities Ltd. 8,745 shares and 14,130 ADRs J.P. Morgan Investment Management Inc. 2,200 ADRs Total 7,197,701 shares/ADRs
This holding corresponds to 5.08 percent of the paid up share capital of Metso Corporation.
Metso is a global engineering and technology corporation with 2004 net sales of approximately EUR 4 billion. Its 22,000 employees in more than 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries.