Wärtsilä: The sale of Ovako received relevant regulatory approvals

Wärtsilä Corporation, Stock exchange release, 10 November 2006 at 18:00 UTC+2

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