Subscription of Wärtsilä shares based on 1994 convertible subordinated debentures

Wartsila Corporation
  • Stock exchange release
4 November 2003 at 2:01 AM E. Europe Standard Time

Wärtsilä Corporation STOCK EXCHANGE ANNOUNCEMENT 4.11.2003

Altogether 210 new series A shares and 4,550 new series B shares were subscribed between 1 October and 31 October 2003 in exchange for convertible subordinated debentures floated by Wärtsilä Corporation in 1994, representing altogether EUR 57,183.89 of the loan capital.