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HKSCAN TO ACQUIRE TREASURY SHARES

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HKScan Corporation        STOCK EXCHANGE RELEASE, 17 March 2008 at 10am


HKSCAN TO ACQUIRE TREASURY SHARES

The Board of Directors of HKScan Corporation has decided to continue acquiring
treasury shares no earlier than on 18 March 2008. A maximum of 15,000 shares
will be acquired in public trading on the OMX Nordic Exchanges. The shares will
be used to accomplish the 2007 earning period of the company's share incentive
scheme. 

The decision is based on the authorisation granted to the Board by the Annual
General Meeting of HKScan Corporation 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 OMX Nordic
Exchanges. 


HKScan Corporation


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:
OMX Nordic Exchanges
Main media
www.hkscan.com

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