Honkarakenne Oyj - Major shareholder announcements

DISCLOSURE NOTIFICATION UNDER CHAPTER 2, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT

HONKARAKENNE OYJ Stock Exchange Release 4 February 2010 at 15:30 hours          

DISCLOSURE NOTIFICATION UNDER CHAPTER 2, SECTION 10 OF THE FINNISH SECURITIES   
MARKETS ACT                                                                     

Honkarakenne Oyj has received the following disclosure notification:            

Lieksaare Oy has notified a decrease in its share of votes to under 5% of the   
number of votes carried by all the shares as a result of the share issue, which 
was decided by the Board of Directors of Honkarakenne Oyj on 26 January 2010, 
being recorded in the Trade Register.                                           

Prior to the arrangement, Lieksaare Oy held and it continues to hold following  
the arrangement 18,500 A shares and 142,700 B shares, equating to 4.3% of total 
shares and 5.4% of total votes prior to the arrangement. Following the          
arrangement, Lieksaare Oy has less than 5% of the total shares and votes.       

Honkarakenne Oyj's share capital comprises a total of 4,948,968 shares, of which
300,096 are A shares and 4,648,872 are B shares. Each B share carries one (1)   
vote and each A share carries twenty (20) votes. Hence, Honkarakenne's shares in
aggregate carry a total of 10,650,792 votes.                                    

HONKARAKENNE OYJ                                                                

Esa Rautalinko                                                                  
President and CEO                                                               

Additional information: President and CEO Esa Rautalinko,                       
tel. +358 (0)400 740 997, esa.rautalinko@honka.com.                             

DISTRIBUTION                                                                    
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Financial Supervisory Authority                                                 
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