HKScan Corporation Major Shareholders Announcement 23 Dec 2009 at 2.30pm NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN OR SOUTH AFRICA. NOTIFICATION UNDER CHAPTER 2, SECTION 10 OF THE FINNISH SECURITIES MARKET ACT HKScan Corporation ("HKScan") has today on 23 December 2009 informed of the final result of the rights offering. Based on the underwriting agreement described in the flagging notice published on 24 November 2009, no shares were subscribed for by Danske Bank A/S in the rights offering. Therefore, the possible holding announced in the flagging notice published on 24 November 2009 is also not realised. A. Identity of the issuer of the shares: HKScan Corporation, business ID 0111425-3 B. Full names of persons subject to the notification obligation: Danske Bank A/S Helsinki Branch, business ID 1078693-2 C. Date of the transaction: The final result of the rights offering was published on 23 December 2009. D. Flagging threshold: Danske Bank A/S does not exceed or fall short of the flagging thresholds. HKScan Corporation Matti Perkonoja CEO Further information: Matti Perkonoja, CEO of HKScan Corporation. Please leave any messages for him to call with Kari Suistoranta on +358 (0)10 570 6101. DISCLAIMER: This announcement does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. HKScan Corporation does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States. Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia, Hong Kong, Japan or South Africa. The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. This communication does not constitute an offer of securities to the public in the United Kingdom. This communication is directed only at (i) persons who are outside the United Kingdom or (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) and (iii) persons falling within Article 49(2) (a) to (d) (“high net worth companies, unincorporated associations etc.”) of the Order (all such persons together being referred to as “relevant persons”). Any investment activity to which this communication relates will only be available to and will be engaged only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. HKScan is one of the leading food companies in northern Europe with home markets in Finland, Sweden, the Baltics and Poland. HKScan manufactures, sells and markets pork and beef, poultry products, processed meats and convenience foods under several well-known local brand names. Its customers are retail, the HoReCa sector, industry and export customers. HKScan is active in nine countries and has some 10,000 employees. Annual net sales are 2.3 billion euro. DISTRIBUTION: Nasdaq OMX, Helsinki Main media www.hkscan.com