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Press Release

26 January 2012

Hamworthy plc

("Hamworthy" or the "Group")

Recommended Acquisition of Hamworthy plc ("Hamworthy")

by Wärtsilä Technology Oy Ab ("Wärtsilä"), a wholly-owned subsidiary of

Wärtsilä Corporation (the "Acquisition")

Court sanction of Scheme

The directors of Hamworthy and Wärtsilä are pleased to announce that the High Court of Justice (the "Court") has today made an order sanctioning the Scheme of Arrangement by which Wärtsilä's Acquisition of Hamworthy is being implemented.

In order for the Scheme to become effective in accordance with its terms, the Court will now need to confirm the associated Reduction of Capital at the Reduction Court Hearing. This hearing will take place on 30 January 2012. It is expected that dealings in Hamworthy Shares will be suspended at 7.30 a.m. on 30 January 2012 and the Scheme will become Effective on 31 January 2012.

A detailed timetable of events for the Scheme is set out in the scheme document dated 13 December 2011 (the "Scheme Document").

Terms defined in the Scheme Document shall have the same meaning(s) when used in this announcement.

In accordance with Rule 2.10 of the Code, Hamworthy confirms that it has 46,726,848 ordinary shares of 5 pence each in issue and admitted to trading on the London Stock Exchange under the UK ISIN code GB00B01VFV79.

For further information:

Hamworthy plc


Graham Lockyer, Head of IR


Hawkpoint Partners Limited

(Financial adviser to Hamworthy)


Christopher Kemball

Tel: +44 (0) 20 7665 4500

Colin Christie

Robin Stürken


Numis (Broker to Hamworthy)


Christopher Wilkinson

Tel: +44 (0) 20 7260 1000

Ben Stoop


Abchurch (Public relations adviser to Hamworthy)


Henry Harrison-Topham / Quincy Allan

Tel: +44 (0) 20 7398 7702

henry.ht@abchurch-group.com

Wärtsilä


Atte Palomäki, Group Vice President, Communications & Branding

Tel: +358 10 709 5219

Pauliina Tennilä, Director, Investor Relations

Tel: +358 40570 5530

UBS Investment Bank (Financial adviser to Wärtsilä)

Tel: +44 (0) 20 7567 8000

Eero Ehrnrooth


Jonathan Rowley


Thomas Onions


Tulchan (Public relations adviser to Wärtsilä)


Stephen Malthouse / Martha Kelly

Tel: +44 (0) 20 7353 4200

Hawkpoint, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively as financial advisor to Hamworthy and no one else in connection with the Acquisition and will not be responsible to anyone other than Hamworthy for providing the protections afforded to customers of Hawkpoint nor for providing advice in relation to the Acquisition or any other matter referred to in this document.

Numis, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Hamworthy and no one else in connection with the Acquisition and will not be responsible to anyone other than Hamworthy for providing the protections afforded to the customers of Numis nor for providing advice in relation to the Acquisition or any other matter referred to in this document.

UBS is exclusively acting for Wärtsilä and Wärtsilä Corporation and no one else in connection with the Acquisition and will not be responsible to anyone other than Wärtsilä and Wärtsilä Corporation for providing the protections offered to clients of UBS nor for providing advice in relation to the Acquisition or the contents of this or any transaction or arrangement referred to herein.

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