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Baillie Gifford Overseas Limited's and Baillie Gifford & Co's holding in Basware Corporation is below 5%

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Basware Corporation Stock Exchange Announcement July 1, 2009 at 10:40
Baillie Gifford & Co has made an amendment to the disclosure made on
June 29. The total number of shares held by the mutual funds and
separate accounts managed by Baillie Gifford, an investment
management company, represented 4.997 % of Basware Corporation's
share capital and voting rights on June 24, 2009. Basware Corporation
has received this notification on June 30, 2009.
The share capital of Basware Corporation is 11,468,124.

BASWARE CORPORATION
CEO Ilkka Sihvo