Wärtsilä - Corporate Action

Wärtsilä Capital Markets Day: Wärtsilä's net sales to increase by 10-20% in 2009

Wärtsilä Corporation, Corporate Action, 18 November 2008 at 8.00 a.m.
local time

The management of Wärtsilä will today at the Capital Markets Day,
held in Helsinki, announce that Wärtsilä's net sales are estimated to
increase by 10-20% in 2009. This estimate is based on a strong order
book, out of which approximately EUR 3,800 million will be delivered
in 2009, and on the continued strong development of the Services
business. Wärtsilä's total orderbook stood at EUR 7,762 million at
the end of September 2008.

In its third quarter interim report Wärtsilä announced that due to
the uncertainty of the shipbuilding markets the cancellation risk of
orders has increased and that the effects of potential cancellations
could amount to approximately 10% of Wärtsilä's total order book
value.

Wärtsilä's 2008 prospects remain unchanged
Based on the strong order book, Wärtsilä's net sales are expected to
grow by about 25% in 2008. The full-year operating margin will exceed
11%.

For further information please contact:
Mr Raimo Lind, Executive Vice President & CFO, tel. +358 10 709 5640
or
Mr Atte Palomäki, Group Vice President, Communications, tel. +358 10
709 5599.

Investor information: Joséphine Mickwitz, Director, Investor
Relations, tel. +358 400 784 889.

The presentation material and link to the webcast of the Capital
Markets Day can be found on www.wartsila.com/investors. You can also
follow the presentations as live webcasts through the following,
direct link:
http://194.100.179.139/wip/directlink.do?newbrowser=1&pid=2560704.

www.wartsila.com