Notification in accordance with the Finnish Securities Market Act Chapter 2 §9: Varma increased holding in Wärtsilä Corporation

Wärtsilä Corporation,
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24 August 2007 at 10:20 AM E. Europe Standard Time

Varma Mutual Pension Insurance Company has today informed Wärtsilä Corporation that it has purchased Wärtsilä shares on the 23 August 2007 and now owns over one tenth (1/10) of the company’s votes. Following the transaction Varma owns 3,547,257 A shares and 1,188,691 B shares giving a total holding of 4,735,948 Wärtsilä shares or 4.94% of Wärtsilä’s share capital and 11.91% of the total votes.

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