Wärtsilä's dividend payment - impact of extra dividend on option schemes

Wärtsilä Corporation, Stock exchange release 4 April 2005 at 11:00 UTC+2

Wärtsilä Corporation has today paid an ordinary dividend of 0.45 euros per share and an extra dividend of 0.45 euros per share, as decided by the Annual General Meeting. The extra dividend has reduced the subscription price of the B shares under the 2001 and 2002 stock options, in line with the terms of these schemes, by the amount of extra dividend, i.e. by 0.45 euros per share. Hence the share subscription price under the 2001 options now stands at 16.70 euros per share and under the 2002 options at 9.50 euros per share.