Metso Corporation (HEL:MEO1V) Metso Corporation Press release on October 16, 2008 at 11.00 a.m.

Metso will deliver comprehensive automation and safety solutions for two Neste Oil Corporation' greenfield plants in Singapore and in Rotterdam in the Netherlands. As agreed with the customer, the values of the orders will not be disclosed. The orders are included in Metso Automation's Q3 orders received.

The automation systems for both locations include control room stations and equipment, redundant process control stations, integrated safety systems as well as field equipment maintenance stations. Metso Automation will be working closely with Neste Oil and Technip Italy, the main contractor for both sites. Construction has already started in Singapore and the plant is scheduled to be taken into operation by the end of 2010. The Rotterdam plant will be finalized during 2011. The production capacity of the both plants will be 800,000 t/a of NExTBL renewable diesel.

The automation systems of these two plants will incorporate many features in operator interface, diagnostics and system interfaces jointly developed by Neste Oil and Metso during these two projects.

Metso is currently delivering a similar automation solution for a renewable diesel plant at Neste Oil's Porvoo refinery in Finland, the production line will be taken into operation in 2009. Metso has also delivered an extensive automation system for sulfur-free diesel production to Porvoo refinery in 2007.

Neste Oil Corporation is a refining and marketing company concentrating on low-emission, high-quality traffic fuels. Neste Oil's NExBTL renewable diesel is a fuel based on renewable raw material and it has a 40-60 % lower level of greenhouse gas emissions over its entire lifecycle compared to fossil diesel.

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:

Kari Karppinen, Process Industry Sales Director, Metso Automation, tel. +358 40 063 8531

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Metso Corporation

http://www.metso.com

ISIN: FI0009007835

Stock Identifier: XHEL.MEO1V

US: NYSE:MX

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