HELSINKI, Finland, Feb. 13, 2007 (PRIME NEWSWIRE) -- 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 February 12, 2007, J.P. Morgan Chase & Co.'s holdings amounted to 4.94 percent of the paid up share capital of Metso Corporation after being, on the basis of their previous announcement, 5.19 percent on November 28, 2006. The threshold of five percent was crossed on February 12, 2007 when J.P. Morgan Asset Management (UK) Limited sold 125,000 Metso shares.
According to their announcement, holdings by mutual funds of J.P. Morgan Chase & Co. on February 12, 2007 were as follows:
J.P. Morgan Investment Management Inc. 1,645,771 shares J.P. Morgan Trust Bank 82,000 shares JF Asset Management (Taiwan) Limited 40,450 shares JF Asset Management Limited 112,839 shares JP Morgan Asset Management (Japan) Limited 17,465 shares JPMorgan Asset Management (UK) Limited 4,457,917 shares JPMorgan Chase Bank 239,111 shares J.P. Morgan Securities Ltd. 401,179 shares Total 6,996,732 shares
This holding corresponds to 4.94 percent of the paid up share capital of Metso Corporation.
Metso is a global engineering and technology corporation with 2006 net sales of approximately EUR 5 billion. Its 25,500 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. www.metso.com