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  • INSIDER TRADING INVESTIGATION INTO LSO OSUUSKUNTA'S SHARE TRADING RESULTS IN NO CHARGES AGAINST CEO OF HKSCAN

INSIDER TRADING INVESTIGATION INTO LSO OSUUSKUNTA'S SHARE TRADING RESULTS IN NO CHARGES AGAINST CEO OF HKSCAN

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HKScan Corporation         STOCK EXCHANGE RELEASE   29 April 2010 at 1.25pm
INSIDER TRADING INVESTIGATION INTO LSO OSUUSKUNTA'S SHARE TRADING RESULTS IN NO
CHARGES AGAINST CEO OF HKSCAN 

HKScan Corporation disclosed in March 2009 that certain persons in its
management acting on behalf of LSO Osuuskunta cooperative had been heard as
suspects in a case which alleged abuse of insider information in connection
with LSO Osuuskunta's trading in the company's shares in August 2006.  The
allegation was based on the respective persons' positions at the time as
representatives of LSO Osuuskunta and did not relate to their roles in HKScan
Corporation. 

HKScan Corporation has now learned that the pre-trial investigation and
consideration of charges in this case have been completed. In respect of HKScan
CEO Matti Perkonoja and a company official, the Helsinki district prosecutor
resolved not to bring charges. This decision means that no charges will be
brought against the CEO or any official of HKScan Corporation. 

The Helsinki district prosecutor decided that six persons who were part of LSO
Osuuskunta's management at the time will be charged with aggravated abuse of
insider information. Three of these persons are currently members of the Board
of Directors of HKScan Corporation. 

HKScan will monitor the progress of the proceedings and revisit the issue at
the latest when the outcome of the case has been determined. 


HKScan Corporation

Markku Suvanto 
HKScan Group lawyer


Further information: HKScan Group lawyer Markku Suvanto. Please leave any
messages for him to call with communications manager Marja Siltala, tel. +358
(0)10 570 2290. 



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