Each "2001C" option entitles its holder to subscribe for two Orion Corporation B-shares. Accordingly, a maximum of 900,000 B-shares can be subscribed with them. The subscription price of one Orion Corporation B-share with the options "2001C" is EUR 8.835. Dividend rights of the shares subscribed for with the C-options and other shareholder rights shall commence when the corresponding increase of the share capital has been registered in the Trade Register.
On 24 August 2004, the Financial Supervision Authority has granted Orion Corporation an exception from the obligation to publish the Listing Particulars concerning the options of the year 2001 stock option plan.
Jukka Viinanen Olli Huotari
President and CEO General Counsel
The Terms and Conditions of the Orion Corporation Stock Option Plan 2001 (Orion Corporation Warrants 2001) are available on the internet homepage www.orion.fi/investors
Orionintie 1A, 02200 Espoo