Wärtsilä - Company Announcement

Wärtsilä delivers two power plants to Brazil at value of EUR 188 million

Wärtsilä Corporation, Company Announcement, 3 April 2008, at 11.15 am
(EET)

Wärtsilä has in March signed agreements for two turnkey power plants
to two Brazilian power producers at the end of March. The combined
value of the orders is EUR 188 million. The power plants are expected
to be fully operational at the beginning of 2010."Important factors in Wärtsilä winning these contracts were the high
total efficiency provided by Wärtsilä's engines and our ability to
provide a total power solution including turnkey delivery and full
operations and maintenance of the plants after delivery. Furthermore,
as Wärtsilä already has a number of large power plants in Brazil, the
company can readily deliver strong local support," says Robson
Campos, Regional Director, Wärtsilä Power Plants in Brazil.

The value of the power plant for Borborema Energética SA, a Brazilian
independent power producer, is close to EUR 100 million. The power
plant will have 164 MW of net electrical generation. A full
operations and maintenance (O&M) agreement is also under negotiation.

The second order, the value of which is EUR 88 million, is from
Termelétrica Viana SA. The power plant will have 170 MW of net
electrical generation. Wärtsilä has also signed a full O&M agreement
to operate and maintain the Viana plant for 10 years after its
completion.

To date Wärtsilä has designed, projected and installed sixteen power
plants in Brazil. These new orders will, together with the existing
power plants, produce a combined generating capacity of more than
1100 MWe.

For further information please call:
Mr Christoph Vitzthum, Group Vice President, Wärtsilä Power Plants
tel +358 10 709 5670
Mr Robson Campos, Regional Director, Power Plants, Wärtsilä Brazil
tel +55 21 2223 2939
Mr Atte Palomäki, Group Vice President, Corporate Communications
tel +358 10 709 5599

Wärtsilä in brief

Wärtsilä enhances the business of its customers by providing them
with complete lifecycle power solutions. When creating better and
environmentally compatible technologies, Wärtsilä focuses on the
marine and energy markets with products and solutions as well as
services. Through innovative products and services, Wärtsilä sets out
to be the most valued business partner of all its customers. This is
achieved by the dedication of more than 16,000 professionals manning
150 Wärtsilä locations in 70 countries around the world. Wärtsilä is
listed on The Nordic Exchange in Helsinki, Finland.
www.wartsila.com