Metso Corporation (HEL:MEO1V) Metso Corporation Company release on November 7, 2008 at 9.45 a.m.

Standard & Poor's has affirmed Metso's BBB long-term and A-2 short-term credit ratings and changed the outlook from positive to stable.

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

For further information for the press, please contact:

Pekka Hölttä, Senior Vice President, Corporate Treasurer, Metso, tel. +358 20 484 3195

For further information for the investors, please contact:

Johanna Sintonen, Vice President, Investor Relations, Metso, 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

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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