Also entered today into the Trade Register was the amendment of the Bylaws by means of which the second sentence of section 3 paragraph 3 as well as sections 4-6 of paragraph 3 of the Bylaws were cancelled. With these amendments, the Bylaws were updated to comply with the provisions in section 2 of chapter 4 of the Finnish Companies Act concerning preemptive subscription rights of shares, as provided in the Law of 14 February 1997/145.
ANNOUNCEMENT IN ACCORDANCE WITH THE SECURITIES MARKET ACT
SECTION 10 OF CHAPTER 2
In consequence of the above-mentioned share invalidation, the ownership of the Orion Corporation Pension Fund in Orion Corporation has exceeded 1/20 (one of twenty) on 14 April, 2000.
The current ownership of the Orion Corporation Pension Fund in Orion Corporation is as follows:
Shares Share of Share of
share capital votes
Orion Corporation (no voting rights)
A-shares 1,814,554 5.25% 5.25%
B-shares 646,596 1.96% 1.96%
Total 2,461,150 3.65% 5.10%
The register code of the Orion Corporation Pension Fund in the Finnish register of foundations is 0200026-6.