Fiskars Corporation has sold Wärtsilä shares to its subsidiary Avlis AB

Wärtsilä Corporation, Stock exchange release 20 December 2007 at 18:45 UTC+2

Wärtsilä Corporation Changes in company’s own shares 20.12.2007 at 18:45 EET

Notification in accordance with the Finnish Securities Market Act Chapter 2 section 9: Fiskars Corporation has sold Wärtsilä shares to its subsidiary Avlis AB

Wärtsilä Corporation has today received a notification from Fiskars Corporation, that as a result of the share transaction concluded December 20, 2007, the holding of Fiskars Corporation has decreased to less than 1/20 (5%) of the share capital and voting rights in Wärtsilä Corporation.

The holdings of Fiskars Corporation are now as follows:

 

 

No of shares

% of shares

% of votes

A-shares

752 047

0,78%

2,44%

B-shares

65 429

0,07%

0,02%

Total

817 476

0,85%

2,46%

Fiskars Corporation, Business ID: 0214036-5.

Wärtsilä Corporation has today received a notification from Avlis AB, a wholly owned subsidiary of Fiskars Corporation, that as a result of share transaction concluded December 20, 2007, the holding of Avlis AB now is more than 3/20 (15%) of the share capital and more than 1/4 (25%) of the voting rights in Wärtsilä Corporation.

The holdings of Avlis AB are now as follows:

 

 

No of shares

% of shares

% of votes

A-shares

8 500 000

8,86%

27,58%

B-shares

6 500 000

6,77%

2,11%

Total  

15 000 000

15,63%

29,69%

Avlis AB, Business ID 556706-5346

The share capital of Wärtsilä Corporation comprises a total of 95,942,561 shares (23,579,587 A shares and 72,362,974 B shares). The shares entitle to a total of 308,158,844 votes.