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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,Varma-Sampo Mutual Pension Insurance Company has notified Orion Corporation today as follows:
Varma-Sampo Mutual Pension Insurance Company has sold 100.000 Orion Corporation A-shares on 14 May 2002. Following the transactions, Varma-Sampo's share of total votes in Orion Corporation has fallen below 1/20 (one of twenty).
Moreover, Varma-Sampo announces that:
1   the full name and business identity code of the company is Orion Corporation, business identity code 0112283-5
2   the date on which the ownership has fallen below the 1/20
limit meant in Section 9 of Chapter 2 of the Securities Markets Act was 14 May 2002.
3   The ownership of Varma-Sampo in Orion Corporation is as follows (situation 15 May 2002):
The total number of Orion Corporation shares is 67,518,421. The number of A-shares is 33,235,965 and the number of B-shares is 34,282,456. Each A-share provides 20 votes and each B-share one vote. The total number of votes is 699,001,756.
4   The shareholder's full name is Varma-Sampo Mutual Pension Insurance Company, business identity code 0533297-9.
Orion Corporation
Pauli Torkko
Executive Vice President
Henry Haarla
General Counsel
Orion Corporation
Orionintie 1, 02200 Espoo, Finland
Corporate communications and investor relations:
Anne Allo, Corporate VP, Communications and IR
Phone +358 10 429 3735
Fax +358 10 429 2801
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