SSH Communications Security - Corporate Action

SSH UPDATES ITS OPTION RIGHTS STATUS

SSH COMMUNICATIONS SECURITY CORP       STOCK EXCHANGE RELEASE 
                                       December 30, 2009 at 9:00 a.m.


SSH UPDATES ITS OPTION RIGHTS STATUS                                            

The Board of Directors of SSH Communications Security Corp (hereinafter referred
as ”the Company”) has resolved about nullification of the option rights returned
to the Company. The nullification of these option rights has today been entered 
into the Trade Register.                                                        

Option rights issued on the basis of the Option Programs of the Company are     
unused as follows:                                                              

A total of 16,975 option rights which entitle to subscribe for new shares with  
the subscription price of EUR 0.03 under the Option Program (I/1999) as adopted 
by the General Meeting of the Shareholders on August 5, 1999, are unused. The   
share capital can be raised by maximum EUR 509.25 as a result of such           
subscriptions.                                                                  

The Option Program (I/2000/lot 1) as adopted by the Board of Directors on July  
10, 2000 on the basis of an authorisation of the  General Meeting of the        
Shareholders, the Option Program (I/2000/lot 2) as adopted by the Board of      
Directors on September 13, 2000 on the basis of an authorisation of the General 
Meeting of the Shareholders and the Option Program (I/2000/lot 3) as adopted by 
the Board of Directors on March 22, 2001 on the basis of an authorisation of the
General Meeting of the Shareholders have, in connection with an entry into the  
Book-Entry System, been amalgamated to one Option Program (I/2000). A total of  
148,590 option rights which entitle to subscribe for new shares with the        
subscription price of EUR 5.51 under the Option Program I/2000, are unused. The 
share capital can be raised by maximum EUR 4,457.70 as a result of such         
subscriptions.                                                                  

A total of 32,000 option rights which entitle to subscribe for new shares with  
the subscription price of EUR 5.51 under the separate Option Program as adopted 
by the Board of Directors on July 10, 2000 on the basis of an authorisation of  
the General Meeting of the Shareholders, are unused. The share capital can be   
raised by maximum EUR 960.00 as a result of such subscriptions.                 
A total of 9,250 option rights which entitle to subscribe for new shares with   
the subscription price of EUR 14.01 under the Option Program (II/2000) as       
adopted by the Board of Directors on March 22, 2001 on the basis of an          
authorisation of the General Meeting of the Shareholders, are unused. The share 
capital can be raised by maximum EUR 277.50 as a result of such subscriptions.  

The share subscription periods with the option rights of the Option Program     
(I/2001) as adopted by the General Meeting of the Shareholders on April 19,     
2001, have ended, and this Option Program does not exist anymore.               

The share subscription periods with the option rights of the Option (I/2002) as 
adopted by the General Meeting of the Shareholders on April 11, 2002, have      
ended, and this Option Program does not exist anymore.                          

A total of 4,625 option rights which entitle to subscribe for new shares with   
the subscription price of EUR 1.01 under the Option Program (II/2002) as adopted
by the General Meeting of the Shareholders on April 11, 2002, are unused. The   
share capital can be raised by maximum EUR 138.75 as a result of such           
subscriptions.                                                                  

A total of 25,499 option rights which entitle to subscribe for new shares with  
the subscription price of EUR 0.91 under the Option Program (III/2002) as       
resolved by the Board of Directors on June 26,2002, are unused. The share       
capital can be raised by maximum EUR 764.97 as a result of such subscriptions.  

The share subscription periods with the option rights of the Option Program     
(I/2003) as adopted by the General Meeting of the Shareholders on April 29,     
2003, have ended, and this Option Program does not exist anymore.               

A total of 3,500 option rights which entitle to subscribe for new shares with   
the subscription price of EUR 0.03 under the Option Program (II/2003) as adopted
by the General Meeting of the Shareholders on April 29, 2004, are unused. The   
share capital can be raised by maximum EUR 105.00 as a result of such           
subscriptions.                                                                  

Helsinki, December 30, 2009                                                     

SSH COMMUNICATIONS SECURITY CORP                                                

Pekka Rauhala                                                                   
General Counsel                                                                 

Further information:                                                            
Pekka Rauhala, General Counsel, tel. +358 20 500 7000                           

Distribution:                                                                   
NASDAQ OMX Helsinki Ltd.                                                        
Major Media                                                                     
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