PERSONS WHO HAVE ACTED ON BEHALF OF LSO OSUUSKUNTA AND BELONG TO THE MANAGEMENT OF HKSCAN CORPORATION HAVE BEEN HEARD IN AN INSIDER CASE REGARDING SHARE PURCHASES BY LSO OSUUSKUNTA

HKScan Corporation    STOCK EXCHANGE RELEASE, 17 March 2009 at 5pm

PERSONS WHO HAVE ACTED ON BEHALF OF LSO OSUUSKUNTA AND BELONG TO THE MANAGEMENT
OF HKSCAN CORPORATION HAVE BEEN HEARD IN AN INSIDER CASE REGARDING SHARE
PURCHASES BY LSO OSUUSKUNTA 

HKScan Corporation has been informed that persons belonging to the management
of the company have been heard as suspects in a case concerning abuse of
insider information, which relates to the company share purchases by LSO
Osuuskunta in August 2006. The suspicion is based on the relevant persons'
positions at the time as representatives of LSO Osuuskunta and does not relate
to the persons' functions in the management of HKScan Corporation. One official
of the company, the Chief Executive Officer of the company Matti Perkonoja and
the Chairman of the Board of Directors of the company Markku Aalto have been
heard as suspects. 

All of the above mentioned persons deny the suspicions as ungrounded.

On the basis of presently available information and a report received by the
Board of Directors of the company, the mentioned persons have the trust of the
Board of Directors and will thus continue in their current positions. The Board
of Directors will, if necessary, re-evaluate the issue as the investigations
move forward. 


HKScan Corporation


Tiina Varho-Lankinen
Vice Chairman of the Board of Directors


For further information, please contact the Vice Chairman of the Board of
Directors, Tiina Varho-Lankinen, tel. +358 50 561 0565. 



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