BasWare - Major shareholder announcements

Flagging notification in accordance with Chapter 9 Section 10 of the Finnish Securities Markets Act

Basware Corporation, stock exchange release, January 5, 2016 at 13:30

Flagging notification in accordance with Chapter 9 Section 10 of the Finnish
Securities Markets Act

Notice pursuant to the Finnish Securities Market Act (Section 9:5): The total
number of shares represented by Ameriprise Financial, Inc. and its funds has
increased over 5 % of Basware Corporation's share capital and voting rights on
January 4, 2016. This notification has been given to Basware Corporation's
information on January 5, 2016.

The holding of Ameriprise Financial, Inc. and its funds after the disclosure:

+--------------------------------+----------------+--------------+-------------+
|Shares (trading code, ISIN code)|Number of shares|Percent (%) of| Percent (%) |
|BAS1V                           |                |share capital |voting rights|
|ISIN: FI0009008403              |                |              |             |
+--------------------------------+----------------+--------------+-------------+
|Ameriprise Financial, Inc.      |    712,787     |    5,01 %    |   5,01 %    |
|Ameriprise International        |                |              |             |
|Holdings GmbH                   |                |              |             |
|Threadneedle Asset Management   |                |              |             |
|Holdings Sàrl                   |                |              |             |
|Threadneedle Holdings Limited   |                |              |             |
|TAM UK Holdings Limited         |                |              |             |
|Threadneedle Asset Management   |                |              |             |
|Holdings Limited                |                |              |             |
|TC Financing Limited            |                |              |             |
|Threadneedle Asset Management   |                |              |             |
|Limited                         |                |              |             |
+--------------------------------+----------------+--------------+-------------+
|Total                           |    712,787     |    5,01 %    |   5,01 %    |
+--------------------------------+----------------+--------------+-------------+

The share capital of Basware Corporation is 14,221,229. The company has one
share series, each share entitling to one vote.

For more information, please contact:

Esa Tihilä, CEO, Basware Corporation
Tel. 040 480 7098

Distribution:
Nasdaq Helsinki
Key media
www.basware.com/investors

[HUG#1976697]