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Risto Hautamaki has been the President of Metso Paper since April 1, 2005. As of April 1, 2007, he will be Senior Executive, responsible for key account projects in the pulp and paper industry. Mr. Hautamäki will retire in the beginning of 2008. Previously, he was the President and CEO of Tamfelt Corporation in 1995-2005. In 1990-1994, he was President and CEO of Valmet Paper Machinery Inc. and Executive Vice President and Chief Operating Officer in 1989-1990. Mr. Hautamäki was a member of Metso’s Board of Directors and Compensation Committee in 2004-2005 until he started in his current position. Mr. Hautamäki is a member of the Board of Directors of Wartsila Corporation. Mr. Hautamäki holds a Master of Science degree in Engineering. He is a Finnish citizen. | 