Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock Investment Management (UK) Limited increased holding in Wärtsilä Corporation

29 april 2016

Notification in accordance with the Finnish Securities Market Act Chapter 9 § 5: BlackRock Investment Management (UK) Limited increased holding in Wärtsilä Corporation

Wärtsilä Corporation Company Announcement 29 April 2016 at 10:30 am EET

BlackRock, Inc. has informed Wärtsilä Corporation that BlackRock Investment Management (UK) Limited has purchased Wärtsilä shares on 27 April 2016 and now owns more than one twentieth (1/20) of the company's votes. Following the transaction BlackRock Investment Management (UK) Limited owns 5.01% of Wärtsilä's share capital and total votes. The total number of shares held by BlackRock, Inc. remains above 5% of Wärtsilä's share capital and total votes.

Total position of BlackRock, Inc. and its funds subject to the notification:

	% of shares and voting rights	% of shares and voting rights through financial instruments	% of total	Total number of shares and voting rights of issuer
Resulting situation on the date on which the threshold was crossed or reached	8.05%	0.56%	8.62%	197,241,130
Position of previous notification (if applicable)	5.08%	N/A	5.08%

Notified details of the resulting situation on the date on which the threshold was crossed:

A: Shares and voting rights

Class / type of shares	Number of shares and voting rights		% of shares and voting rights
	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)
FI0009003727		15,894,722		8.05%
SUBTOTAL A	15,894,722		8.05%

B: Financial instruments according to SMA 9:6a:

Type of financial instrument	Expiration date	Exercise / Conversion Period	Physical or cash settlement	Number of shares and voting rights	% of shares and voting rights
Securities Lent	N/A	N/A	Physical	1,113,998	0.56%
CFD	N/A	N/A	Cash	8,722	0.00%
SUBTOTAL B				1,122,720	0.56%

---