BasWare - Company Announcement

Ilmarinen Mutual Pension Insurance Company's holding in Basware Corporation is above 10%

Ilmarinen Mutual Pension Insurance Company's holding in Basware Corporation is
above 10%

Basware Corporation Stock Exchange Release June 7, 2011 at 18:10

Notice pursuant to the Finnish Securities Market Act (Section 2:9): The total
number of shares held by Ilmarinen Mutual Pension Insurance Company's
represented over 10 % of Basware Corporation's share capital and voting rights
on June 7, 2011. This notification has been given to Basware Corporation's
information on June 7, 2011.
The number of shares of Basware Corporation is 12 931 229.

BASWARE CORPORATION

CEO Ilkka Sihvo

Distribution
NASDAQ OMX Helsinki Ltd
Main media

[HUG#1521859]