SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

[September 13, 2005]

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-32(b):82-___

 

 

SIGNATURES

Date September 13, 2005

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		Harri Luoto
Executive Vice President and CFO		Senior Vice President,
Metso Corporation		General Counsel
		Metso Corporation

Franklin Resources Inc.’s holdings in Metso to 4.78 percent

(Helsinki, Finland, September 13, 2005) – Metso Corporation (NYSE: MX; OMX: MEO)
Metso Corporation has been informed about a change in the holding of the mutual funds and separate accounts managed by Franklin Resources, Inc. of the paid up share capital of Metso Corporation. On September 8, 2005, Franklin Resources, Inc.’s holdings amounted to 4.15 percent of the paid up share capital and 4.78 percent of the voting rights of Metso Corporation after being, on the basis of their previous announcement, 3.51 percent of the paid up share capital and 5.36 percent of the voting rights on June 14, 2005.

According to their announcement holdings by mutual funds of Franklin Resources, Inc. on September 8, 2005 were as follows:

Franklin Mutual Advisers, LLC		3,575,800 shares
Franklin Templeton Investments (Asia) Ltd.		510,080 shares
Franklin Templeton Investment Mgmt. Ltd.		1,444,900 shares
Templeton Investment Counsel, LLC		353,786 shares
Total		5,884,566 shares

This holding corresponds to 4.15 percent of the paid up share capital and the total voting rights of Metso Corporation.

In addition, Franklin Resources, Inc. has voting authority representing 0.62 percent of total shares and ADRs as follows:

Franklin Templeton Investments (Asia) Ltd.		147,964 ADRs
Templeton Investment Counsel, LLC		26,526 ADRs
Templeton Investment Counsel, LLC		499,912 shares
Franklin Templeton Investment Mgmt. Ltd.		194,340 shares
Franklin Templeton Investments Corp.		7,880 shares
Franklin Templeton Investments (Asia) Ltd.		5,535 shares
Total		882,157 shares/ADRs

Metso is a global technology corporation serving customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries. In 2004, the net sales of Metso Corporation were approx. EUR 4 billion, and it has some 22,000 employees in more than 50 countries. Metso’s shares are listed on the Helsinki and New York Stock Exchanges.

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

or

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