Investors - Option schemes Last Modified 26.05.2008

Investors - Option schemes

Listing of shares subscribed under Wärtsilä’s option schemes

The option rights under Wärtsilä Corporation’s 2002 option scheme were admitted for trading on the Main List of the Helsinki Exchanges on 1 April 2004. There are altogether 800,000 options under this scheme. Two (2) options may be exercised to subscribe for three (3) Wärtsilä B shares. The share subscription period is 1 April 2004 – 31 March 2008. The current dividend-adjusted subscription price is €5.40/share.

Shares subscribed with options are admitted for trading after Wärtsilä’s Board of Directors has approved the subscription, decided on the increase in share capital based on the subscription, and the increase in share capital is recorded in the Trade Register.

The share subscription timetable is as follows:

 Final date for submitting 
 subscription forms  

 Share capital increase
 in Trade Register  

 New shares on list
 on or about

 30 November 2007  20 December 2007  21 December 2007
 11 March 2008  31 March 2008  1 April 2008
 31 March 2008  5 May 2008  6 May 2008

 

Subscription forms should be sent to Wärtsilä Corporation’s head office, Share Register, P.O. Box 196, FIN-00531 Helsinki, Finland, tel. +358 10 7095 282, fax +358 10 7095 283.

New shares subscribed using options will be combined with the existing shares, i.e. they will be available for trading along with the existing shares.

Subscription form enclosed

Option 2002

Payment instructions:
Account number: Nordea Bank 233318-1671.
IBAN FI8823331800001671
Reference: *optiot*

Contact information, Wärtsilä Corporation:

Options/ Birgitta Rahola
John Stenbergin ranta 2
00530 Helsinki
FINLAND

Additional questions to Birgitta Rahola (birgitta.rahola@wartsila.com)