2011-10-25 11:29:58 CEST

2011-10-25 11:30:18 CEST


REGULATED INFORMATION

English
Orion - Company Announcement

Change in Orion Group Executive Management Board as of 1 January 2012


ORION CORPORATION STOCK EXCHANGE RELEASE 25 October 2011 at 12.30  EEST

Mr. Pekka Konsi, Senior Vice President responsible for the Supply Chain line
function of the Orion Group and member of the Executive Management Board of the
Orion Group will retire in the beginning of 2012 and will step aside from his
current position as of 1 January 2012.

Mrs. Virve Laitinen, M.Sc. (Tech.), MBA, currently Director of Orion's Business
Planning and Control function, has been appointed Senior Vice President
responsible for the Supply Chain line function and member of the Executive
Management Board of the Orion Group, as of 1 January 2012.

Timo Lappalainen, President and CEO, says:"Pekka Konsi has led the development of Orion's Supply Chain operations to meet
the changing needs of pharmaceutical supply. It is my pleasure to thank Pekka
for his long lasting and distinguished career at Orion. Pekka's successor, Virve
has extensive experience of Orion's operations and supply chain. I welcome Virve
to become a member of Orion's Executive Management Board."

The CV of Virve Laitinen is attached and a photo of her is available also on the
homepage of Orion, at http://materialbank.orion.fi / Public Content Bank /
Management photographs / Other people.



Orion Corporation


Timo Lappalainen  Olli Huotari
President and CEO SVP, Corporate Functions



Contact person:
Timo Lappalainen, President and CEO, phone +358 50 966 3692

Appendix: The CV of Virve Laitinen
APPENDIX
The CV of  Virve Laitinen


Virve Laitinen
M.Sc. (Technology), Industrial Management, University of Technology, Helsinki,
1998
MBA, Henley Management College, UK, 2007

Born 1972

Senior Vice President, Supply Chain, since 1 January 2012

Career

Virve Laitinen joined Orion 1997. She has since occupied the following
positions:


 2007-2011 Director, Business Planning and Control, Finance


 2001-2006 Manager, Industrialisation and contract manufacturing, Supply Chain


 1997-2000 Development Engineer, Supply Chain


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

Orion is an innovative European R&D-based pharmaceutical and diagnostic company
with a special emphasis on developing medicinal treatments and diagnostic tests
for global markets. Orion develops, manufactures and markets human and
veterinary pharmaceuticals, active pharmaceutical ingredients and diagnostic
tests. Orion's pharmaceutical R&D focuses on the following core therapy areas:
central nervous system drugs, cancer and critical care drugs, and Easyhaler®
pulmonary drugs.

The Group's net sales in 2010 amounted to EUR 850 million. The Company invested
EUR 85 million in research and development. At the end of 2010, the Group had a
total of approximately 3,100 employees, of whom 2,450 worked in Finland and 650
in other countries. Orion's A and B shares are listed on NASDAQ OMX Helsinki.




[HUG#1557596]

Virve Laitinen.JPG