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Standard & Poor's Upgrades Metso's Ratings
Helsinki, Finland 09 October 2006 -- Standard & Poor's Ratings Services has upgraded the long-term credit rating of Metso Corporation to BBB- from BB+ and the short-term rating to A-3 from B. The rating on Metso's senior unsecured debt has been upgraded to BB+ from BB. The outlook on rating is considered stable.

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.


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