223,000 Orion A-shares converted into B-shares


Orion Corporation          Stock Exchange Announcement
                           18 January 2007 at 9:30 a.m.




223,000 Orion A-shares converted into B-shares


In accordance with Section 3 of the Bylaws of Orion
Corporation, 223,000 A-shares have been converted into
223,000  B-shares. The conversion has been entered into
the Trade Register on 18 January 2007. After the
conversion there are 55,331,240 A-shares and 85,926,588 
B-shares in the company.


Orion Corporation


Jari Karlson                       Olli Huotari



                            

Publisher:
Orion Corporation
Orionintie 1, FI-02200 Espoo, Finland