Oriola-KD Corporation s 438,707 A-shares converted into B-shares



Oriola-KD Corporation Stock Exchange Announcement 21 May 2007 at 2.00
p.m.

In accordance with Section 3 of the Bylaws of Oriola-KD Corporation,
438,707 A-shares have been converted into 438,707 B-shares. The
conversion has been entered into the Trade Register on 21 May 2007.
After the conversion there are 52,956,704 A-shares and 88,301,124
B-shares in the company. The total number of shares is 141,257,828
and the total number of votes is 1,147,435,204.

Oriola-KD Corporation




Henry Haarla
General Counsel

Kimmo Virtanen
Chief Financial Officer

Distribution:
Helsinki Stock Exchange
Principal media

Published by:
Oriola-KD Corporation
Corporate Communications
Orionintie 5
FI-02200 Espoo
www.oriola-kd.com