Orion - Company Announcement

Orion Corporation: 201,000 Orion A-shares converted into B-shares

ORION CORPORATION  STOCK EXCHANGE RELEASE
20 December 2011  AT 8.40 AM EET

In accordance with Section 3 of the Articles of Association of Orion
Corporation, 201,000 A-shares have been converted into 201,000  B-shares. The
conversion has been entered into the Trade Register on 20 December 2011.

The total number of shares in Orion Corporation is 141,257,828  which, after the
conversion, consists of 44,993,218 A-shares and  96,264,610 B-shares.


Orion Corporation


Olli Huotari                          Jari Karlson
Senior VP, Corporate Functions        CFO






Publisher:
Orion Corporation
Communications
Orionintie 1A, FI-02200 Espoo, Finland
Homepage: www.orion.fi



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