<B>EU Commission Approves Conditional Purchase of Svedala</B>

Metso Corp.'s offer for Svedala Industri AB has been approved by the EU Commission subject to certain commitments.

For the closing of the offer, clearance from the US Federal Trade Commission is also required. Metso remains committed to its conditional offer of June 21, 2000.

The Commission has, after it's second phase investigation, approved the acquisition of Svedala Industri AB by Metso Corporation, based in Helsinki, Finland.

On the basis of the EU Commission's Statement of Objections and discussions with the authorities, Metso has agreed to divest certain businesses. These businesses relate to the development, manufacture, distribution and service of fixed and mobile rock crushing solutions for the global aggregates, construction and mining markets. The divestitures represent 6 to 7 percent of Metso Minerals' and Svedala's combined net sales.

The entire divestiture will include current Svedala's product ranges of jaw crushers, cone crushers and horizontal shaft impact crushers, certain Svedala screens, feeders and conveyors as well as current Nordberg primary gyratory product ranges together with related plant system solutions and aftermarket capabilities.

The manufacturing operations to be divested are Svedala Arbra AB and Svedala Mobile Equipment AB in Sweden and Svedala S.A. located in France. The divestiture will also include the resources necessary for the distribution and sale of the specific products and services in relevant market areas. Part of the divestitures will be made to remove overlapping business operations between Metso Minerals and Svedala.