Orion - Changes board/management/auditors

New President and CEO for Orion Corporation as of 1 January 2008

President and CEO of Orion Corporation Jukka Viinanen will retire on
29 February 2008 and will as of 1 January 2008 step aside from the
position of President and CEO to act as a Senior Advisor to the Board
of Directors of the company until his retirement. Timo Lappalainen
has been appointed as the new President and CEO of Orion Corporation
as of 1 January 2008.

President and CEO of Orion Corporation Jukka Viinanen will retire on
29 February 2008 as agreed between him and Orion Corporation. As of 1
January 2008 he will step aside from the position of President and
CEO to act as a Senior Advisor to the Board of Directors of Orion
Corporation until his retirement.

The Board of Directors of Orion Corporation has as of 1 January 2008
appointed M.Sc. (Eng.) Timo Lappalainen (b. 1962), who currently
holds the position of Senior Vice President responsible for Orion's
Proprietary Products and Animal Health business divisions, as the new
President and CEO of the company and as the Chairman of the Executive
Management Board of the Orion Group. Mr. Lappalainen has joined Orion
in 1999 as Senior Vice President, Business Development of Orion
Pharma, also in charge of the business division's Finance and IT. In
2003 he was appointed Senior Vice President of the business division
Orion Pharma with the responsibility of the human pharmaceuticals
business. Since 2004 also the Animal Health business has belonged to
his responsibilities. Since 2005 Mr. Lappalainen has been responsible
for Orion's Proprietary Products and Animal Health businesses. Mr.
Lappalainen has been a member of the Executive Management Board of
the current Orion Group since its beginning, 1 July 2006. Before his
career in Orion, Mr. Lappalainen has worked among others as a
consultant with Arthur Andersen in the United States, as the Head of
Business Development with Finvest Oy, and as a head of several
functions with the pharmaceutical company Leiras Oy.


Orion Corporation


Jukka Viinanen                                            Olli
Huotari
President and CEO                                      Senior VP,
Corporate Functions


Contact persons:
Matti Kavetvuo, Chairman of the Board of Directors, tel. +358 10 426
3710 / Dorothy Konn
Jukka Viinanen, President and CEO, tel. +358 10 426 3710 / Dorothy
Konn
Timo Lappalainen, Senior Vice President, tel. +358 426 2138 / Tarja
Nurmi


A picture  of  Timo  Lappalainen  is  provided  on  Orion's  homepage
www.orion.fi

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

Priedai:

Timo Lappalainen