Stock exchange release December 19, 2013 04:45 PM EEST

Metso lowers its EBITA guidance for the Pulp, Paper and Power segment (to be transferred to Valmet) for 2013

Metso Corporation's stock exchange release on December 19, 2013 at 3:45 p.m. local time

Metso has decided to lower its EBITA guidance for the Pulp, Paper and Power
segment for 2013. Pulp, Paper and Power segment's net sales and EBITA before
non-recurring items were previously expected to be significantly lower compared
to 2012. Its net sales and EBITA before non-recurring items during the second
half were expected to be at about the first half's level.

The updated guidance now indicates that EBITA before non-recurring items of the
Pulp, Paper and Power segment is expected to be significantly lower than the
level booked during the first half, mainly because of a delay linked to a major
pulp project delivery and the higher-than-expected costs incurred as a result.
The project in question is an individual case and is not expected to have a
wider impact on the Pulp, Paper and Power segment. Capacity utilization in the
company's paper and power businesses has also been lower than expected.

Metso's overall guidance for the Group remains unchanged: it is estimated that
net sales and EBITA before non-recurring items in 2013 will be significantly
lower than those in 2012.

Previous guidance for the Pulp, Paper and Power segment:

Both net sales and EBITA before non-recurring items are expected to be
significantly lower compared to 2012. Net sales and EBITA during the second half
are expected to be at about the first half's level.



Updated guidance for the Pulp, Paper and Power segment:

Both net sales and EBITA before non-recurring items are expected to be
significantly lower compared to 2012. Net sales during the second half are
expected to be at the level booked during the first half of 2012 (EUR 1,345
million), but EBITA before non-recurring items is expected to be significantly
lower than during the first half of 2013 (EUR 55.5 million).

Metso's Extraordinary General Meeting decided on October 1, 2013 that Metso will
demerge through a partial demerger and that all the assets, debts, and
liabilities relating to Metso's Pulp, Paper and Power businesses will transfer,
without liquidation, from Metso to Valmet Corporation.



The future Valmet Corporation is a leading global developer and supplier of
services and technologies for the pulp, paper, and energy industries. Our
11,000 professionals around the world work close to our customers and are
committed to moving our customers' performance forward - every day.

Valmet's services cover everything from maintenance outsourcing to mill and
plant improvements and spare parts. Our strong technology offering includes
entire pulp mills, tissue, board and paper production lines, as well as power
plants for bio-energy production.

The company has over 200 years of industrial history and will be reborn through
the demerger of the pulp, paper and power businesses from Metso Group on
December 31, 2013. Valmet's net sales in 2012 were approximately EUR 3 billion.
Valmet's objective is to become the global champion in serving its customers.

www.valmet.com

www.twitter.com/valmetglobal


Metso is a global supplier of technology and services to customers in the
process industries, including mining, construction, pulp and paper, power, and
oil and gas. Our 30,000 professionals based in over 50 countries contribute to
sustainability and deliver profitability to customers worldwide. Metso's shares
are listed on the NASDAQ OMX Helsinki Ltd.

www.metso.com, www.twitter.com/metsogroup



Further information, please contact:

Markku Honkasalo, CFO, future Valmet Corporation, tel. +358 10 672 0008

Hanna-Maria Heikkinen, Vice President, Investor Relations, future Valmet
Corporation tel. +358 10 672 0007



Metso Corporation



Harri Nikunen

CFO



Juha Rouhiainen

VP, Investor Relations



Distribution:

NASDAQ OMX Helsinki Ltd

Media

www.metso.com