ETTEPLAN AND METSO PAPER SIGNED A CO-OPERATION AGREEMENT

ETTEPLAN AND METSO PAPER SIGNED A CO-OPERATION AGREEMENT

Etteplan Oyj and Metso Paper, Inc., a member of Metso Corporation, 
have signed an agreement on transfer of Metso Paper Karhula unit's
head box mechanical design services to Etteplan. Metso Paper will
purchase design services from Etteplan according to a separate agreement.
As part of the agreement 6 designers from the Metso Paper's Karhula unit
will transfer to Etteplan under their current terms of employment.

At the same time with the signing of co-operation agreement Etteplan Oyj
has increased its share of ownership in Insinööritoimisto Keskilinja Oy
from 60 % to 100 %. Presently Keskilinja employs 46 persons. The company
operates in Vaajakoski and Lappeenranta providing mechanical and automation
design services especially for the machinery and device manufacturers
in the wood processing industry.

Metso Paper, Inc. 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 mechanical engineering and automation design as well as
software development, electronics design and EMC-services. In 2003,
turnover of Etteplan Group was 51 MEUR. At the moment the company
employs more than 1000 persons in Finland, Sweden, Germany, Italy and
China. Etteplan's shares are listed on the Helsinki Exchanges.

Hollola, 29 December, 2004

Etteplan Oyj

Heikki Hornborg
CEO

For additional information, contact: Vice President Jari Kivelä, 
tel. +358 3 275 0030, GSM +358 40 502 4039 or CEO Heikki Hornborg,
tel. +358 3 872 9011, GSM +358 400 873 063.


DISTRIBUTION:    Helsinki Exchanges
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