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HKScan Oyj

Transaction in Own Shares Dec 4, 2008

3271_rns_2008-12-04_299b50e5-6c11-4ed4-aa9f-2ce3b968e117.html

Transaction in Own Shares

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Disclosure 264959

HKScan Oyj - Company Announcement

HKSCAN CONVEYS OWN SHARES AS REWARD PAYMENT

HKScan Corporation STOCK EXCHANGE RELEASE 4 December 2008, at 5.20pm HKSCAN CONVEYS OWN SHARES AS REWARD PAYMENT The Board of Directors of HKScan Corporation has decided to convey a total of 4,998 Company's existing A-shares held by the Company, for free, to the key personnel belonging to HKScan Corporation “Share Ownership Plan 2006”, as a proportion of reward to be paid as shares on the basis of the earning period 2006. Conveyance of own shares by a directed bonus issue is based on the authorization of the Annual General Meeting of Shareholders on 22 April 2008. After the conveyance, the Company holds 4,474 own A-shares. HKScan Corporation Kai Seikku CEO Further information is available from CEO Kai Seikku. Please leave any messages for him to call with Katja Backman on +358 (0)10 570 2428 DISTRIBUTION: Nasdaq OMX Main media www.hkscan.com

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