At its meeting held today, the Board of Directors of Orion Corporation has decided to propose to the Annual General Meeting of Shareholders to be held today, 15 April 2002, that, deviating from the proposal made on 4 March 2002, chapter 5:1 in the Orion Corporation Bylaws be amended as follows:
The Board of Directors shall comprise at least five and at most eight members. The term of the members of the Board of Directors shall end at the end of the Annual General Meeting of the Shareholders following the election. The General Meeting of the Shareholders shall elect the Chairman of the Board of Directors and the Board of Directors shall elect the Deputy Chairman of the Board of Directors, both for the same term as the other members. A person who has reached the age of 67 may not be elected member of the Board of Directors.
Jukka Viinanen, President and CEO, Orion Corporation, phone +358 10 429 3710
Orionintie 1, 02200 Espoo
Corporate communications and investor relations:
Anne Allo, Corporate VP, Communications ad IR
Phone +358 10 429 3735
Fax +358 10 429 2801