October 04, 2006 at 04:39 AM EDT
Fidelity Management Research Corporation's Holdings in Metso Decreased to 4.95 Percent

HELSINKI, Finland, Oct. 4, 2006 (PRIMEZONE) -- Metso Corporation has been informed about a decrease in the holding of Fidelity Management Research Corporation and its subsidiaries of the paid up share capital of Metso Corporation. On October 2, 2006, Fidelity Management Research Corporation and its subsidiaries owned a total of 7,014,100 Metso shares, which corresponds to 4.95 percent of the paid up share capital and voting rights of Metso Corporation. On the basis of the previous announcement, their holding was 5.03 percent on December 19, 2005.

According to the announcement of Fidelity Management Research Corporation, their holdings on October 2, 2006 were as follows:


 FUND NAME                             SHARES
 ASSET MANAGER 70%                     25,095
 ASSET MANAGER 85%                      9,454
 ASSET MANAGER 50%                     62,134
 BANK OF MONTREALS INTL T55349         12,100
 BP MASTER TR FOR EMP PP T55275        20,900
 BROWN & WILLIAMSON SEL INTL            7,800
 CATERPLLR VEBA SEL EUR T55257          7,400
 CATERPILLAR INC T55207                41,300
 CDP QUEBEC T55293                    145,400
 CITY OF FRESNO RT SY-SI T50621        10,300
 CATERPILLAR INC 401K SI T50578         6,800
 STATE OF CT RET PLAN T50251           31,600
 DALLAS POLICE & FIRE T50092           26,000
 FID FDS - EURO SMALLER CO POOL             0
 FA ASSET ALLOCATION                    1,633
 FA DIVERSIFIED INTERNATIONAL       1,480,100
 FA GLOBAL CAP APP INTL EQ SUB         19,600
 FICL SEL INTL EQTY TR T55106          25,800
 FICL SEL INTL SM CP TR T55105          5,800
 FICL GLBL ASSET ALL EQ-EUROPE         31,600
 FIDELITY OVERSEAS FUND - CANADA       12,700
 FID SEL GLBL EQ TR-WLD T55281            800
 FID DIVERSIFIED INTRNTNL SUB A     2,242,800
 FIDELITY EUROPE FUND - CANADA        264,500
 FIDELITY EUROPE FUND                 515,600
 FID AGGRESSIVE INTL FUND              76,052
 FID SELELCT INTL EQUITY (T319)       261,100
 IBM CANADA SELECT INTL T2286          28,400
 IBM NETHERLANDS - SELECT EUROPE       52,600
 IBM SELECT EAFE CANADA T2205          50,000
 FA INTL CAPITAL APPRECIATION          66,087
 INTL SMALL CAP OPPORTUNITIES         290,900
 SELECT INT SM CAP COLL (T1056)        10,200
 METLIFE FI INTL STOCK T50432          76,800
 MINNESOTA SBI SEL INTL T55303         22,300
 FIC NORDIC FUND                      157,400
 OREGON INVMT CL SEL INT T55271       105,900
 OVERSEAS FUND                        639,900
 PRINCIPAL PARTNERS INTL T50423        67,000
 SAN DIEGO RETIREMENT (T2193)          34,500
 SHELL OIL SELECT INTL T55322          17,000
 ILLINOIS SURS-SEL INTL T50448         13,400
 TRANSITION ISMAL (T50260)              2,200
 VIP GROWTH WORLD WIDE SUB              1,633
 VIP ASSET FOREIGN EQUITY SUB          14,954
 VIP INTERNATION CAP APP FUND           5,758
 WORLD BANK SELECT INTL T55274         12,800
 TOTAL                              7,014,100

Metso is a global engineering and technology corporation with 2005 net sales of approximately EUR 4.2 billion. Its 22,000 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

CONTACT:  Metso Corporation
          Johanna Sintonen, Vice President, Investor Relations
            +358 204 84 3253 
          Aleksanteri Lebedeff, Senior Vice President, General Counsel
            +358 204 84 3240
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