HELSINKI, Finland, Nov. 29, 2006 (PRIME NEWSWIRE) -- Metso Corporation has been informed about a change in the holding of the mutual funds managed by J.P. Morgan Chase & Co. of the paid-up share capital of Metso Corporation. On November 28, 2006, J.P. Morgan Chase & Co's holdings amounted to 5.19 percent of the paid-up share capital of Metso Corporation after being, on the basis of their previous announcement, 4.99 percent on October 30, 2006. The threshold of five percent was crossed on November 28, 2006, when J.P. Morgan Asset Management (UK) Limited acquired 481,503 Metso shares.
According to their announcement, holdings by mutual funds of J.P. Morgan Chase & Co. on November 28, 2006 were as follows:
J.P. Morgan Investment Management Inc. 1,723,056 shares J.P. Morgan Trust Bank 52,000 shares JP Asset Management (Taiwan) Limited 40,790 shares JP Asset Management Limited 115,247 shares JP Morgan Asset Management (Japan) Limited 18,349 shares JPMorgan Asset Management (UK) Limited 5,129,752 shares JPMorgan Chase Bank 242,960 shares J.P. Morgan Securities Ltd. 26,742 shares Total 7,348,896 shares
This holding corresponds to 5.19 percent of the paid up share capital of Metso Corporation.
Metso is a global engineering and technology corporation with 2005 net sales of approximately EUR 4.2 billion. Its 23 000 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