HKScan Corporation STOCK EXCHANGE RELEASE, 20 December 2007 at 11.10am THE BOARD OF DIRECTORS OF HKSCAN DECIDED ON DIRECTED BONUS ISSUE The Board of Directors of HKScan Corporation decided on directed bonus issue, by authorization of the Annual General Meeting of Shareholders on 20 April 2007, for the purposes of implementation of the incentive and commitment program directed to the key personnel of the HKScan Group. In the share issue, a total of 59,976 Company's existing A-shares held by the Company will be conveyed for free. The shares to be conveyed will be directed to the key personnel belonging to HKScan Corporation “Share Ownership Plan 2006” for the purpose of paying reward for the earning period 2006. The Company has an especially weighty reason for deviation from the shareholders' pre-emptive rights, taking the interests of shareholders into account, because the conveyance of shares is based on implementation of the Share Ownership Plan. Share Ownership Plan is a part of the incentive and commitment program for the HKScan Group key personnel. The aim of the Share Ownership Plan is to combine the objectives of the owners and the key personnel in order to increase the value of the Company, to bind the key personnel to the Company, and to offer them a competitive reward plan based on holding the Company's shares. HKScan Corporation Kai Seikku CEO Further information is available from CEO Kai Seikku. Please leave any messages for him to call with Katja Backman on +358 (0)10 570 2428 DISTRIBUTION: OMX Nordic Exchange Main media www.hkscan.com