Notification on major holdings

HKScan Oyj                                               Stock Exchange Release 2 April 2014, 09:00 AM

Notification on major holdings

Pursuant to Chapter 9, Section 10 of the Finnish Securities Markets Act, we hereby announce that HKScan Corporation has received the following disclosure about change in ownership.

On 1 April 2014, Varma Mutual Pension Insurance Company notified that as a result of a share sale and purchase concluded on 1 April 2014, its holding in HKScan had fallen under 5 per cent of all the shares in the company.

1. Name of the target company: HKScan Corporation, Business Identity Code 0111425-3

2. Date of change in holdings: 1 April 2014

3. Exact proportion of voting rights and share capital in HKScan Corporation:

- number of A Shares: 2 242 806
- ownership: 4.08 % of shares and 1.42 % of voting rights

The registered share capital of HKScan Corporation comprises a total of 55 026 522 shares (49 626 522 A Shares and 5 400 000 K Shares), said shares entitling to a total of 157 626 522 votes (A Shares each convey one vote, K Shares each convey 20 votes).

4. Shareholder’s name and Business Identity Code:
Varma Mutual Pension Insurance Company, Helsinki, Business Identity Code 0533297-9.

HKScan Corporation

Hannu Kottonen
CEO

For further information:
CEO Hannu Kottonen, HKScan Corporation. Kindly submit a call-back request to Marja-Leena Dahlskog, SVP Communications, firstname.surname@hkscan.com tel. +358 10 570 2142

HKScan is the leading Nordic meat expert. We produce, market and sell high-quality, responsibly-produced pork, beef, poultry and lamb products, processed meats and convenience foods under strong brand names. Our customers are the retail, food service, industrial and export sectors, and our home markets comprise Finland, Sweden, Denmark, the Baltics and Poland. We export to close to 50 countries. In 2013, HKScan had net sales of EUR 2.5 billion and some 11 000 employees.

DISTRIBUTION:
Nasdaq OMX, Helsinki
Main media
www.hkscan.com