Shares issued in Wärtsilä’s free share issue and combination of share series entered in Trade Register

Wärtsilä Corporation, Stock exchange release 26 March 2008 at 10:30 UTC+2

A total of 2,619,954 new shares issued in Wärtsilä Corporation’s free share issue have been entered in the Trade Register on 26 March 2008. Shareholders have full rights to these new shares from the moment they are registered. However, the new shares do not convey the right to the dividend decided by the Annual General Meeting on 19 March 2008.

At the same time the combination of Wärtsilä Corporation’s share series has been recorded in the Trade Register.

As a result of the share issue the total number of Wärtsilä Corporation’s shares will increase to 98,589,515. The share issue will not alter the company’s share capital.

The new shares issued in the share issue shall be recorded in the book-entry accounts of the shareholders entitled to the shares on the basis of their registration and will become traded publicly as of 27 March 2008.