Ehrnrooth To Retire

August 9, 2000

In announcing its first half results, Metra's - parent company of Wärtsilä NSD - President and CEO, Mr Georg Ehrnrooth, announced that he will retire from this position during this year. He will be succeeded as President and CEO of Metra Corporation by Mr Ole Johansson MSc (Econ.), who will also continue as President and CEO of Wärtsilä NSD Corporation. Mr Raimo Lind MSc. (Econ.) has been appointed CFO of Metra Corporation. Mr Lind also continues as CFO of Wärtsilä NSD. The corporate managements of Metra and Wärtsilä NSD have been combined as planned.

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