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HKSCAN TO START ACQUIRING TREASURY SHARES

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HKScan Oyj  STOCK EXCHANGE RELEASE 7 May 2007, at 2pm


HKSCAN TO START ACQUIRING TREASURY SHARES

The Board of Directors of HKScan Oyj has decided to start acquiring treasury
shares no earlier than on 14 May 2007.The shares will be acquired in public
trading on the Helsinki Exchanges. 

The decision is based on the authorisation granted to the Board by the Annual
General Meeting of HKScan Oyj on 20 April 2007 to acquire a maximum of 3 500
000 of the company's own shares, a number equal to ca. 8.9% of total registered
shares and ca. 10.3% of total A Shares. 

The company's own shares may be purchased with the company's unrestricted
equity only for a price quoted in public trading or a price otherwise
determined by the market. The shares are being acquired for instance to provide
for the company's financing needs, to execute mergers and acquisitions or for
employee incentive purposes. 

The maximum and minimum consideration to be paid for the shares is determined
on the basis of the trading day's price quoted for the share on the Helsinki
Exchanges. 


HKSCAN OYJ


Kai Seikku
CEO


Further information is available from CEO Kai Seikku. Please leave any message
for him to call with Katja Backman, tel. +358 (0)10 570 2428. 


DISTRIBUTION:
Helsinki Exchanges
Main media
www.hkscan.com

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