Wärtsilä has sold its stake in Assa Abloy

Wärtsilä Corporation, Company Announcement, 2 November 2010 at 9.45 am (EET)

Wärtsilä Corporation has sold its shares in Assa Abloy AB (publ.), 7,270,350 B
shares, for approximately EUR 135 million. Wärtsilä will record a capital gain
of approximately EUR 117 million on this sale. The tax on the capital gain is
close to EUR 32 million.

After this transaction Wärtsilä holds no shares in Assa Abloy.


For further information, please contact:

Mr Raimo Lind
Executive Vice President
Wärtsilä Corporation
Tel. +358 10 709 5640



Mr Markus Pietikäinen
Vice President, Group Treasury & Financial services
Wärtsilä Corporation
Tel. [phone]



Ms Josephine Mickwitz
Director, Investor Relations
Wärtsilä Corporation
Tel. +358 400 784889





[HUG#1457874]








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Source: Wärtsilä Oyj Abp via Thomson Reuters ONE