Share subscriptions under Wärtsilä Corporation’s 2002 option schemes

Wärtsilä Corporation, Stock exchange release 14 December 2007 at 13:00 UTC+2

Under the terms of the 2002 option scheme the share subscription period began on 1 April 2004. Altogether 18,000 options were exercised between 24 October and 30 November 2007, in accordance with the terms of the scheme, entitling subscription of 27,000 Wärtsilä B shares. The increase in share capital resulting from these subscriptions totals EUR 94,500.00.

After the increase the share capital amounts to EUR 335,893,463.50 and the total number of shares to 95,969,561 divided into 23,579,587 Series A shares and 72,389,974 Series B shares.

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

A total of 3,418,944 shares, representing 3.7% of the total share capital, have been subscribed during the subscription period of the 2001 and 2002 option schemes. Altogether 31,056 shares remain unsubscribed.