Notification according to chapter 2, section 10 of the Securities Market Act: A change in shareholding

Valmet Corporation's stock exchange release on March 11, 2014 at 9:45 a.m. EET

Valmet Corporation has on March 10, 2014 received a notification referred to in Securities Market Act regarding a change in shareholding within the Cevian funds. Cevian Capital II Master Fund L.P. has transferred its aggregate holding of 8,305,654 Valmet shares to Cevian Capital Partners Ltd., which is a wholly-owned subsidiary of Cevian Capital II Master Fund L.P.

As of March 10, 2014 Cevian Capital Partners Ltd. holds 20,813,714 shares which corresponds to 13.89% of Valmet shares and share of votes. The transfer does not have any impact on the total amount of shares held by Cevian.

Valmet Corporation has one series of shares in which each share carries one vote. The aggregate number of shares is 149,864,619.

Further information, please contact:
Rasmus Oksala, General Counsel, Valmet Corporation, tel. +358 40 586 8997
Hanna-Maria Heikkinen, Vice President, Investor Relations, Valmet Corporation, tel +358 10 672 007

VALMET CORPORATION

Markku Honkasalo
CFO

Hanna-Maria Heikkinen
VP, Investor Relations

Valmet Corporation is a leading global developer and supplier of services and technologies for the pulp, paper and energy industries. Our 11,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day.

Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. Our strong technology offering includes entire pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production.

The company has over 200 years of industrial history and was reborn through the demerger of the pulp, paper and power businesses from Metso Group in December 2013. Valmet's net sales in 2012 were approximately EUR 3 billion. Valmet's objective is to become the global champion in serving its customers.

Valmet's head office is in Espoo, Finland and its shares are listed on the NASDAQ OMX Helsinki Ltd.