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DI&ESSE ETTEPLAN AND METSO PAPER COMO IN

Stock exchange release – Published: 14.04.2004 13:30:00

ETTEPLAN OYJ STOCK EXCHANGE RELEASE 14 April 2004 14.30 p.m. 1(1)


DI&ESSE ETTEPLAN AND METSO PAPER COMO IN ITALY SIGNED
A LETTER OF INTENT FOR TRANSFER OF DESIGN SERVICES

Di&Esse Etteplan Srl, member of Etteplan Group and Metso Paper Como
S.p.A, member of Metso Corporation, have today signed a Letter of
Intent for transfer of Metso Paper Como design services and in order
to enter into a co-operation agreement for providing complete
engineering supply services from Di&Esse Etteplan to Metso Paper
Como. According to the agreement 19 persons from Metso Paper Como
will join Di&Esse Etteplan. The agreement is an extension to co-
operation between Etteplan and Metso Paper in Finland and Sweden.

Di&Esse Etteplan Srl is owned by Etteplan Oyj, SpazioSystem S.P.A,
an Italian CAD/CAM software house and by Mr. Tito Cattaneo,
Managing Director of Di&Esse Srl. Etteplan has a 51 % majority
holding in the company. Presently Di&Esse Etteplan employs 17 persons
in Bernate Ticino and serves mainly automotive and machinery
industries. After completion of the agreement Di&Esse Etteplan will
set up a design office in Como, where the new employees will be
located.

The agreement follows Etteplan's strategy according to which the
company offers industrial technology design services geographically
close to its key customers. The target for Di&Esse Etteplan is to
increase the capacity and competence.

Through this outsourcing operation, Metso Paper Como aims to improve
functional flexibility and cost efficiency in the design functions.

Metso Paper Como S.p.A belongs to Metso Paper, representing the core
business of fiber and paper technology of Metso Corporation, a global
supplier of process industry machinery and systems, as well as know-
how and aftermarket services. In 2003, the net sales of Metso
Corporation were EUR 4.3 billion and the personnel totalled
approximately 27,400. Metso Corporation is listed on the Helsinki and
New York Stock Exchanges.

Etteplan Oyj is one of Finland's leading engineering design companies
and supplies high-quality design services for the production and
product development processes of industrial technology. The core
areas of expertise are machine technology and automation design as
well as software development and electronics design. In 2003, net
sales of Etteplan Group were 51 MEUR and the personnel totalled 936
persons in Finland, Sweden, Germany and Italy. Etteplan Oyj is listed
on the NM List of Helsinki Exchanges.

Hollola, 14 April, 2004


Etteplan Oyj

Board of Directors


For additional information, contact: CEO Heikki Hornborg,
tel. +358 3 872 9011, GSM +358 400 873 063.


DISTRIBUTION:  Helsinki Exchanges
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