Orion Corporation: Transfer of 44,806 own B-shares



Orion - Stock Exchange Release
ORION CORPORATION: TRANSFER OF 44,806 OWN B-SHARES ON 5 MARCH 2009


ORION CORPORATION      STOCK EXCHANGE RELEASE    5 MARCH 2009      AT
18.50 P.M.


Orion Corporation: Transfer of 44,806 own B-shares
on 5 March 2009

In accordance with a decision by the Board of Directors, Orion
Corporation has on 5 March 2009 transferred altogether 44,806 Orion
Corporation B-shares held by the company as a share bonus for 2008 to
the persons employed by the Orion Group and belonging to the
Share-based Incentive Plan of the Orion Group. The transfer is based
on the authorisation by the Annual General Meeting of 25 March 2008.
The price per share of the transferred shares is EUR 11.972, which is
the volume weighted average quotation of the Orion Corporation
B-share on 5 March 2009. Accordingly, the total transaction price of
the transferred shares is EUR 536,417.43.

After the share transfer, the total number of own B-shares held by
Orion Corporation is 280,030.

Orion Corporation has informed about the Plan in a stock exchange
release on 24 January 2007.


Orion Corporation



Timo Lappalainen                    Olli Huotari
President and CEO                 SVP, Corporate Functions


Publisher:
Orion Corporation
Communications
Orionintie 1A, 02200 Espoo
Homepage: www.orion.fi