Nordea Investment Fund Company Finland Ltd's holding in Basware Corporation exceeds 5%

Basware Corporation Stock Exchange Announcement February 21, 2008

Notice pursuant to the Finnish Securities Market Act (Section 2:9):
The total number of shares held by the mutual funds managed by Nordea
Investment Fund Company Finland Ltd, represented 5.56% of Basware
Corporation's share capital and voting rights on February 21, 2008.
This notification has been given to Basware Corporation's information
on February 21, 2008.

Between the above mentioned parties, the shareholdings in Basware
Corporation are divided as follows:
Nordea Nordic Small Cap, 558 084 shares
Nordea Fennia, 80 000 shares
Total 638 084 shares

The share capital of Basware Corporation is 11,468,124.

BASWARE CORPORATION

CEO Ilkka Sihvo