Metso negotiates with Aracruz about the new implementation schedule of the Guaíba pulp project

Metso Corporation's Company release on October 20, 2008 at 8:30 a.m.

Metso's customer Aracruz has announced that they will temporarily
suspend the expansion of its plant in Guaíba in Brazil. In late
August Metso told that it had won an order for the main technology
for Aracruz's new 1.5-million-tons/yr bleached hardwood kraft (BHK)
pulp line, to be built at their Guaíba mill in Rio Grande do Sul,
Brazil. The new pulp line was scheduled to start up during the second
half of 2010. The order is valued at close to EUR 400 million.

Metso is currently negotiating with Aracruz about the new
implementation schedule of the Guaíba project. Metso is continuing
work, within the cost frame covered by the down payment received from
Aracruz, in order to allow an easy restart of the project.

Metso is a global engineering and technology corporation with 2007
net sales of over EUR 6 billion. Its over 27,000 employees in
approximately 50 countries serve customers in the pulp and paper
industry, rock and minerals processing, the energy industry and
selected other industries.
www.metso.com

Further information for the press, please contact:
Bertel Langenskiöld, President, Metso Paper, tel. +358 20 484 3200

Further information for investors, please contact:
Johanna Sintonen, Vice President, Investor Relations, Metso
Corporation, tel. +358 20 484 3253
It should be noted that certain statements herein which are not
historical facts, including, without limitation, those regarding
expectations for general economic development and the market
situation, expectations for customer industry profitability and
investment willingness, expectations for company growth, development
and profitability and the realization of synergy benefits and cost
savings, and statements preceded by "expects", "estimates","forecasts" or similar expressions, are forward-looking statements.
These statements are based on current decisions and plans and
currently known factors. They involve risks and uncertainties which
may cause the actual results to materially differ from the results
currently expected by the company.

Such factors include, but are not limited to:
(1) general economic conditions, including fluctuations in exchange
rates and interest levels which influence the operating environment
and profitability of customers and thereby the orders received by the
company and their margins
(2) the competitive situation, especially significant technological
solutions developed by competitors
(3) the company's own operating conditions, such as the success of
production, product development and project management and their
continuous development and improvement
(4) the success of pending and future acquisitions and restructuring.



Metso Corporation


Olli Vaartimo
Executive Vice President and CFO


Kati Renvall
Vice President, Corporate Communications

Distribution:
NASDAQ OMX Helsinki Ltd
Media
www.metso.com