Honkarakenne Oyj - Company Announcement

TRANSFER OF TREASURY SHARES

HONKARAKENNE OYJ STOCK EXCHANGE RELEASE  7 June 2011 at 05:40 p.m.





TRANSFER OF TREASURY SHARES



The Board of Directors of Honkarakenne Oyj decided on a shareholding plan
directed to Honkarakenne Group's executives on 31 May 2010. The purpose of the
plan is to enable the executives' long-term shareholding in the Company. The
Board of Directors decided today to transfer 17,250 series B treasury shares
held by the Company in a share issue against payment directed to Honka
Management Oy, a company established by the executives, in order to extend the
plan to a new member of the Honkarakenne Executive Group Sanna Wester. 



Honkarakenne Oyj has on 7 June 2011 transferred a total of 17,250 treasury
shares (HONBS) as part of the Honkarakenne Group's executives' shareholding
plan. The transfer value of the shares is 5.26 euros per share and 90,735 euros
in total. The transfer value of the share is the trade volume weighted average
quotation of the Company´s share on NASDAQ OMX Helsinki Ltd during ten (10)
trading days following the release date of the Company's Interim Report Q1
2011, i.e. 13 May—26 May 2011. 



The number of the Company's shares remains unchanged as series B treasury
shares held by Honkarakenne Oyj were transferred in the share issue. 



After this transfer, Honka Management holds 286.250 series of Honkarakenne B
shares. 



HONKARAKENNE OYJ



Board of Directors



Further information:

Esa Rautalinko, President and CEO, tel. +358 400 740 997,
esa.rautalinko@honka.com or 

Mikko Jaskari, CFO, tel. +358 400 535 337, mikko.jaskari@honka.com





DISTRIBUTION:

NASDAQ OMX Helsinki Ltd

Main Media

www.honka.com