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Strategic alliance between Wartsila Corporation and Mitsubishi Heavy Industries in two-stroke engines.

Europe Intelligence Wire

| September 28, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Hugin)

Wartsila Corporation STOCK EXCHANGE RELEASE 28.9.2005 at 9 am local time

Wartsila Corporation and Mitsubishi Heavy Industries Ltd (MHI) have signed an agreement for a strategic alliance in the field of two-stroke diesel engines. The two companies will share their resources and experience for improved business. Various possibilities will be explored in research and development as well as in the efficiency of production and distribution of jointly developed two-stroke diesel engines. The strategic alliance will be led by a Steering Committee. The Chairman of the Steering committee is a representative of Wartsila and the Vice Chairman is a …

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