Orion Corporation Stock Exchange Announcement 26 January 2007 at 9:30 a.m. 70,000 Orion A-shares converted into B-shares In accordance with Section 3 of the Bylaws of Orion Corporation, 70,000 A-shares have been converted into 70,000 B-shares. The conversion has been entered into the Trade Register on 26 January 2007. After the conversion there are 55,261,240 A-shares and 85,996,588 B- shares in the company. Orion Corporation Jari Karlson Olli Huotari Publisher: Orion Corporation Orionintie 1, FI-02200 Espoo, Finland