Wärtsilä: The sale of Ovako received relevant regulatory approvals

Wärtsilä Corporation,
  • Stock exchange release
10 November 2006 at 6:00 PM E. Europe Standard Time

Wärtsilä Corporation, Rautaruukki Corporation and AB SKF signed in July 2006 an agreement to sell the operating companies owned by Oy Ovako Ab to a company owned by the shareholders of Hombergh Holdings BV, WP de Pundert Ventures BV and Pampus Industrie Beteiligungen GmbH & Co. KG. The relevant regulatory approvals have now been received and the transaction is expected to close in November 2006.

Wärtsilä Corporation

Eeva Kainulainen                              Maj-Len Ek
VP, Corporate Communication         VP, Group Control



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