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
 
 
Publisher:
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
 
Home page: www.orion.fi