HKScan Oyj

Legal Proceedings Report • Apr 29, 2010

Disclosure 278324

HKScan Oyj - Company Announcement

INSIDER TRADING INVESTIGATION INTO LSO OSUUSKUNTA'S SHARE TRADING RESULTS IN NO CHARGES AGAINST CEO OF HKSCAN

HKScan Corporation STOCK EXCHANGE RELEASE 29 April 2010 at 1.25pm INSIDER TRADING INVESTIGATION INTO LSO OSUUSKUNTA'S SHARE TRADING RESULTS IN NO CHARGES AGAINST CEO OF HKSCAN HKScan Corporation disclosed in March 2009 that certain persons in its management acting on behalf of LSO Osuuskunta cooperative had been heard as suspects in a case which alleged abuse of insider information in connection with LSO Osuuskunta's trading in the company's shares in August 2006. The allegation was based on the respective persons' positions at the time as representatives of LSO Osuuskunta and did not relate to their roles in HKScan Corporation. HKScan Corporation has now learned that the pre-trial investigation and consideration of charges in this case have been completed. In respect of HKScan CEO Matti Perkonoja and a company official, the Helsinki district prosecutor resolved not to bring charges. This decision means that no charges will be brought against the CEO or any official of HKScan Corporation. The Helsinki district prosecutor decided that six persons who were part of LSO Osuuskunta's management at the time will be charged with aggravated abuse of insider information. Three of these persons are currently members of the Board of Directors of HKScan Corporation. HKScan will monitor the progress of the proceedings and revisit the issue at the latest when the outcome of the case has been determined. HKScan Corporation Markku Suvanto HKScan Group lawyer Further information: HKScan Group lawyer Markku Suvanto. Please leave any messages for him to call with communications manager Marja Siltala, tel. +358 (0)10 570 2290. DISTRIBUTION: NASDAQ OMX Helsinki Main media www.hkscan.com