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

Wartsila Corporation
  • Stock exchange release
28 October 2005 at 3:01 AM E. Europe Standard Time

Wärtsilä Corporation STOCK EXCHANGE ANNOUNCEMENT 28.10.2005 at 8.45 local time

Subscription of shares under Wärtsilä’s 2001 option scheme began on 1 April 2003. Altogether 385,266 options were exercised between 8 September and 20 October 2005, in accordance with the terms of the scheme, entitling subscription of 577,899 Wärtsilä B shares. The increase in share capital resulting from these subscriptions totals EUR 2,022,646.50.

Under the terms of the 2002 option scheme the share subscription period began on 1 April 2004. Altogether 80,200 options were exercised between 8 September and 20 October 2005, in accordance with the terms of the scheme, entitling subscription of 120,300 Wärtsilä B shares. The increase in share capital resulting from these subscriptions totals EUR 421,050.00.

The total increase in the company’s share capital is EUR 2,443,696.50, after which the share capital amounts to EUR 329,255,206.00 and the total number of shares to 94,072,916 divided to 23,579,587 Series A shares and 70,493,329 Series B shares.

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

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