Share subscriptions under Wärtsilä Corporation's 2001 and 2002 option schemes

Wartsila Corporation
  • Stock exchange release
20 June 2006 at 3:01 AM E. Europe Standard Time

Wärtsilä Corporation Stock Exchange Announcement 20 June 2006 at 9.45 am local time

Subscription of shares under Wärtsilä’s 2001 option scheme began on 1 April 2003. Altogether 11,800 options were exercised between 26 April 2006 and 12 June 2006, in accordance with the terms of the scheme, entitling subscription of 17,700 Wärtsilä B shares. The increase in share capital resulting from these subscriptions totals EUR 61,950.00.

Under the terms of the 2002 option scheme the share subscription period began on 1 April 2004. Altogether 27,100 options were exercised between 26 April 2006 and 12 June 2006, in accordance with the terms of the scheme, entitling subscription of 40,650 Wärtsilä B shares. The increase in share capital resulting from these subscriptions totals EUR 142,275.00.

The total increase in the company’s share capital is EUR 204,225.00, after which the share capital amounts to EUR 331,091,918.50 and the total number of shares to 94,597,691 divided to 23,579,587 Series A shares and 71,018,104 Series B shares.

The company will register the increase in share capital in the Trade Register.

www.wartsila.com