Orion Corporation: Transfer of own shares



In accordance with a decision by the Board of Directors, Orion
Corporation has on 20 March 2008 transferred altogether 25,164 Orion
Corporation B-shares held by the company as a share bonus for 2007 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 2 April 2007.
The price per share of the transferred shares is EUR 14.0869, which
is the volume weighted average quotation of the Orion Corporation
B-share on 20 March 2008. Accordingly, the total transaction price of
the transferred shares is EUR 354 482.75.

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

After the share transfer, the total number of own B-shares held by
Orion Corporation is 324,836, including the B-shares acquired on 20
March 2008 from the stock exchange.


Orion Corporation


Timo Lappalainen                        Olli Huotari
President and CEO                      SVP, Corporate Functions



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