Metso Corporation : Metso's Nomination Board's proposal for the composition and remuneration of the Board of Directors

 Metso Corporation : Metso's Nomination Board's proposal for the composition
                  and remuneration of the Board of Directors

Metso Corporation's stock exchange release on  January 11, 2013 at 11.00  a.m. 
local time

The Nomination Board established by Metso's Annual General Meeting proposes to
the next Annual  General Meeting, which  is planned  to be held  on March  28, 
2013, that the number of Board of Directors members is eight.

Proposal for the composition of Board of Directors

The Nomination  Board  proposes  to  the Annual  General  Meeting  that  Jukka 
Viinanen, Mikael von Frenckell, Christer  Gardell, Ozey K. Horton, Jr.,  Erkki 
Pehu-Lehtonen, Pia Rudengren and Eeva Sipilä would be re-elected as members of
the Board of Directors. It is proposed to elect Jukka Viinanen as Chairman of
the Board of Directors and Mikael von Frenckell as Vice-Chairman of the  Board 
of Directors.

In addition, the  Nomination Board proposes  to elect Mikael  Lilius as a  new 
member of the Board of Directors.

Mikael Lilius,  B.Sc. (Econ),  born 1949,  is  the Chairman  of the  Board  of 
Directors of Wärtsilä Corporation  since 2011 (Board  member since 2010),  the 
Chairman of the Board of Directors  of Huhtamäki Oyj since 2005 (Board  member 
1999-2004), the Chairman of the Board of Directors of AMBEA AB since 2011  and 
a member of the Board of Directors  of Aker Solutions A/S since 2009 and  Evli 
Bank Ltd since 2010. Mr. Lilius has been the President and CEO of Fortum  Oyj 
in 2000-2009, the President and CEO  of Gambro AB in 1998-2000, the  President 
and CEO of Incentive AB in 1991-1998, the President and CEO of KF Industri  AB 
(Nordico) in 1989-1991 and worked in various management positions in Huhtamäki
Oyj during the period 1981- 1989 such as the President of the Packing Division
of Huhtamäki in 1986-1989.

Proposal on Board of Directors' remuneration

The Nomination Board proposes to the  Annual General Meeting that the  members 
of the Board of Directors to be elected for a term of office ending at the end
of the  Annual General  Meeting of  2014 would  be paid  the following  annual 
remuneration: Chairman of the Board of Directors EUR 100,000; Vice-Chairman of
the Board of Directors and the Chairman of the Audit Committee EUR 60,000; and
other members of the Board of Directors EUR 48,000 each. The Nomination  Board 
furthermore proposes that for  each meeting of the  Board of Directors or  its 
committees a fee of  EUR 700 would be  paid to the members  of the Board  that 
reside in  the Nordic  countries, a  fee of  EUR 1,400  would be  paid to  the 
members of the Board that reside in other European countries and a fee of  EUR 
2,800 would be paid to  the members of the  Board that reside outside  Europe. 
The Nomination Board proposes that as a condition for the annual  remuneration 
the members  of the  Board of  Directors are  obliged, directly  based on  the 
General Meeting's decision, to  use 40% of the  fixed annual remuneration  for 
purchasing Metso  Corporation shares  from the  market at  a price  formed  in 
public trading and that the purchase will be carried out within two weeks from
the publication of the interim review for the period January 1, 2013 to  March 
31, 2013.

Metso's Board of Directors will include these proposals into the notice of the
Annual General Meeting, which will be published later.

Personnel participation

The Nomination Board notes that a personnel representative will participate as
an external expert in  the Metso Board  meetings also in  the next Board  term 
within the limitations imposed by the Finnish law. The new Board of  Directors 
will invite  the  personnel  representative  as its  external  expert  in  its 
organizing meeting after the Annual General Meeting.

The Nomination Board

Kari Järvinen (Managing director,  Solidium Oy) acted as  the Chairman of  the 
Nomination Board established by Metso's Annual General Meeting. The members of
the Nomination Board  were Lars  Förberg (Managing  Partner, Cevian  Capital), 
Harri Sailas (President and CEO,  Ilmarinen Mutual Pension Insurance  Company) 
and Matti Vuoria (President and CEO, Varma Mutual Pension Insurance  Company). 
The Chairman of Metso Corporation's Board of Directors, Jukka Viinanen, served
as the Nomination Board's expert member.

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 deliver
sustainability and profitability to customers worldwide. Expect results.

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

For further information, please contact:

Aleksanteri Lebedeff, Senior Vice President, General Counsel, tel. +358 20484
3240



Metso Corporation

Harri Nikunen

CFO

Juha Rouhiainen

VP, Investor Relations

Distribution:

NASDAQ OMX Helsinki Ltd

Media

www.metso.com

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Source: Metso Corporation via Thomson Reuters ONE
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