HELSINKI, FINLAND–( EMWNews – April 2, 2008) –

The Annual General Meeting of Metso Corporation approved today the

accounts for 2007 as presented by the Board of Directors and

decided

to discharge the members of the Board of Directors and the

President

and CEO of Metso Corporation from liability for the financial year

2007. In addition, the Annual General Meeting approved the

proposals

of the Board of Directors to authorize Board of Directors to

resolve

of a repurchase of the Corporation’s own shares, of a share issue

and

to grant of special rights, and to decrease the share premium

reserve

and the legal reserve.

The Annual General Meeting decided to establish a Nomination

Committee of the Annual General Meeting to prepare proposals for

the

following Annual General Meeting in respect of the composition of

the

Board of Directors along with the director remuneration.

Nomination

Committee consists of the representatives appointed by the four

biggest shareholders along with the Chairman of the Board of

Directors as an expert member.

Matti Kavetvuo was re-elected the Chairman of the Board and Jaakko

Rauramo was re-elected the Vice Chairman of the Board. Jukka

Viinanen

and Arto Honkaniemi were elected as new members of the Board.

Board

members re-elected were Maija-Liisa Friman, Christer Gardell and

Yrjö

Neuvo. The term of office of Board members lasts until the end of

the

next Annual General Meeting.

The Annual General Meeting decided that the annual remunerations

for

Board members be EUR 92,000 for the Chairman, EUR 56,000 for the

Vice

Chairman and EUR 45,000 for the members and that the meeting fee

including committee meetings be EUR 600 for meeting.

The auditing company, Authorized Public Accountant

PricewaterhouseCoopers was re-elected to act as an Auditor of the

Corporation until the end of the next Annual General Meeting.

The Annual General Meeting decided that a dividend of EUR 3.00 per

share be paid for the financial year which ended on December 31,

2007. The dividend comprises an ordinary dividend of EUR 1.65 per

share and an extra dividend of EUR 1.35 per share.The dividend

will

be paid to shareholders who have been entered as shareholders in

the

Corporation’s shareholder register maintained by the Finnish

Central

Securities Depository Ltd. by the dividend record date, April 7,

2008. The dividend will be paid on April 15, 2008.

Metso is a global engineering and technology corporation with 2007

net sales of approximately EUR 6 billion. Its almost 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:

Aleksanteri Lebedeff, Senior Vice President, General Counsel,

Metso Corporation, tel. +358 20 484 3240



Further information for investors, please contact:

Johanna Sintonen, Vice President, Investor Relations, Metso

Corporation, tel. +358 20 484 3253





Metso Corporation





Olli Vaartimo

Executive Vice President and CFO





Kati Renvall

Vice President,

Corporate Communications





distribution:

OMX Nordic Exchange in Helsinki

Media

www.metso.com

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