Metso Corporation's demerger process proceeds - Pasi Laine appointed President and CEO of the new company for Metso's Pulp,

Metso Corporation's demerger process proceeds - Pasi Laine appointed President 
and CEO of the new company for Metso's Pulp, Paper and
Power business 
HELSINKI, FINLAND -- (Marketwired) -- 06/05/13 --  
Metso Corporation's stock exchange release on June 5, 2013 at 2:50
p.m. local
time 
Metso's Board of Directors has appointed Mr Pasi Laine, M.Sc in
Engineering, as President and CEO of the new company to be demerged
from Metso Corporation and
listed on the NASDAQ OMX Helsinki stock
exchange. 
Metso's Board of Directors has signed a demerger plan to separate
Metso's Pulp,
Paper and Power business into a separate listed company
to be named Valmet Corporation. The demerger will require the
approval of Metso's Extraordinary
General Meeting. If approved, the
planned registration date of the demerger will
be December 31, 2013. 
Pasi Laine (born 1963) is currently President of Metso's Pulp, Paper
and Power
business, and he will continue in this position until
assuming the duties of the President and CEO of the new company. He
has been a member of the Metso Executive Team since 2006. 
"Metso's Board of Directors has studied the requirements of the new
position
carefully and has considered both external and internal
candidates. Our target
has been to find the best possible person for
the role of President and CEO of
Valmet Corporation. Pasi Laine has
had a long and successful career at Metso,
holding various management
positions in Metso's Automation and Pulp, Paper and
Power
businesses", says Jukka Viinanen, Chairman of the Board of Directors
of
Metso. 
"It is an honor to be given this new opportunity to develop Metso's
Pulp, Paper
and Power business as an independent company and implement
our business strategy
and accelerate growth. Our goal is to be the
leading global technology and service provider for the pulp, paper
and power industries. The new Valmet will
be a modern and dynamic
listed company", says Pasi Laine. 
If Metso's Extraordinary General Meeting approves the demerger of
Metso, the
appointment will take effect on the planned registration
date of the demerger
December 31, 2013. Metso plans to hold an
Extraordinary General Meeting on or
about October 1, 2013. 
Matti Kaehkoenen will continue as President and CEO of Metso
Corporation. Until the demerger, Pasi Laine will continue as
President of Metso's Pulp, Paper and
Power business, reporting to
Matti Kaehkoenen. 
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 
Metso Corporation 
Harri Nikunen 
CFO 
Juha Rouhiainen 
VP, Investor Relations 
Distribution: 
NASDAQ OMX Helsinki Ltd 
Media 
www.metso.com 
Pasi Laine's CV: 
http://hugin.info/3017/R/1707362/565359.pdf 
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants
that: 
(i) the releases contained herein are protected by copyright and    
other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and     
originality of the information contained therein. 
Source: Metso Corporation via Thomson Reuters ONE 
[HUG#1707362] 
For further information, please contact: 
Jukka Viinanen
Chairman of the Board
Metso
tel. +358 20 484 3000 
Matti Kahkonen
President and CEO
Metso
tel.+358 20 484 3000 
Pasi Laine
President
Metso
Pulp, Paper and Power business
tel. +358 20 484 3200 
Requests for media interviews: 
Jussi Ollila
SVP
Group Communications
+358 20 484 3212