UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934

Metso Corporation

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F

Form 20-F þ      Form 40-F o

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes o      No þ

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g-3-2(b):82-                    

 

 

SIGNATURES

Date December 21, 2006

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf of the undersigned, thereunto duly authorized.

Name:

Olli Vaartimo		Aleksanteri Lebedeff
Executive Vice President and CFO		Senior Vice President,
Metso Corporation		General Counsel
		Metso Corporation

METSO SHARES SUBSCRIBED WITH 2003A STOCK OPTIONS

(Helsinki, Finland, December 21, 2006) – Metso Corporation (NYSE: MX; OMXH: MEO1V)

A total of 65,000 shares in Metso Corporation have been subscribed for with the 2003A stock options during a period of December 7-11, 2006. The nominal value of one share is EUR 1.70. As a result of share subscriptions, the increase in the share capital, EUR 110,500 has been entered into the Trade Register on December 21, 2006. After this increase, the company’s share capital is EUR 240,923,343.80 and the total number of shares is 141,719,614. Out of this total, Metso holds 360,841 shares.

Dividend rights of the new shares and other shareholder rights shall commence from the registration date December 21, 2006.

The shares have been applied for listing on the Helsinki Stock Exchange together with the old shares as of December 22, 2006.

For the 2003A stock options the current share subscription price is EUR 8.70.

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.
www.metso.com

For further information, please contact:
Aleksanteri Lebedeff, Senior Vice President, General Counsel, Metso Corporation, tel. +358 204 84 3240
Johanna Sintonen, Vice President, Investor Relations, Metso Corporation, tel. +358 204 84 3253

or

USA: Mike Phillips, Senior Vice President, Finance and Administration, Metso USA, Inc., tel. +1 770 246 7237.