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

In connection with Metso's partial demerger, Metso's shareholders received as demerger consideration one share in Valmet for each share in Metso owned. At the beginning of trading, the number of shares in Valmet subject to public trading is 149,864,619.

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.

Valmet Corporation