HELSINKI, Finland, Dec. 17, 2007 (PRIME NEWSWIRE) -- Metso Corporation filed a Form 15F with the U.S. Securities and Exchange Commission (SEC) on September 17, 2007 to terminate its Section 12(g) registration and Section 13(a) and Section 15(d) reporting obligations under the U.S. Securities Exchange Act. The 90-day waiting period, which was triggered upon the filing of Form 15F, has now ended and the termination of reporting obligations became effective today on December 17, 2007.
From December 17, 2007 onwards, Metso will continue to publish in English on its website (www.metso.com) materials that are required to be made public pursuant to Finnish law, or required to be publicly filed with its primary trading market or required to be distributed to security holders.
Following the SEC deregistration and delisting from the New York Stock Exchange on September 17, 2007, Metso maintains its American Depositary Receipt (ADR) facility with the Bank of New York, and Metso's ADSs are traded over-the-counter (OTC) under the symbol "MXCYY"in the United States. Metso's ordinary shares will continue to trade on the Helsinki Stock Exchange.
Metso is a global engineering and technology corporation with 2006 net sales of approximately EUR 5 billion. Its more than 26,000 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. www.metso.com
Metso Corporation Olli Vaartimo Executive Vice President and CFO Kati Renvall Vice President, Corporate Communications