Holdings of Kirsi Eräkangas in Basware Corporation is below 5%

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Holdings of Kirsi Eräkangas in Basware Corporation is below  5%
Basware Corporation Stock Exchange Announcement February 15, 2011 at 12:30

Notice pursuant to the Finnish Securities Market Act (Section 2:9): The total
number of shares held by Kirsi Eräkangas personally is below 5% of Basware
Corporation's share capital and voting rights on February 14, 2011. Shares held
by Kirsi Eräkangas together with persons under guardianship still exceed 5% of
Basware Corporation's share capital and voting rights. This notification has
been given to Basware Corporation's information on February  14, 2011.

BASWARE CORPORATION

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NASDAQ OMX Helsinki Ltd
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www.basware.com