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Announcement in accordance with section 10 of chapter 2

OF THE FINNISH SECURITIES MARKET ACT

In accordance with the Securities Market Act Section 9 Chapter 2, the Varma-Sampo Mutual Pension Insurance Company has notified Orion Corporation today as follows:

The Varma-Sampo Mutual Pension Insurance Company has sold Orion Corporation A- and B-shares on 30 November 2000. Following the transactions, the ownership of Varma-Sampo in Orion Corporation has fallen below 1/20 (one of twenty). The current ownership of Varma-Sampo of the Orion Corporation share capital is 2.66%. Varma-Sampo's share of the votes provided by all Orion A-shares is 5.10% and its share of the votes provided by all Orion B-shares is 0.12%, altogether 4.88% of the total votes.

After the transactions on 30 November 2000, the ownership of Varma-Sampo in Orion Corporation is as follows:
 


% of % of
total total votes % of
Share Number share in each total
category of shares capital share category votes

A-shares 1,758,500 2.60% 5.10% 4.87%
B-shares 38,300 0.06% 0.12% 0.01%

A- and B-
shares total 1,796,800 2.66% 4.88%



The total of Orion Corporation shares is 67,518,421, the nominal value of each being 1.70 euros. The number of A-shares is 34,448,547 and the number of B-shares is 33,069,874. Each A-share provides 20 votes and each B-share one vote. The share capital of Orion Corporation is 114,781,315.70 euros and the total number of votes is 722,040,814.


Orion Corporation



Pauli Torkko

Henry Haarla