To Newsroom
Determination of acquisition costs of Orion Corporation and Oriola-KD Corporation shares for Finnish taxation
13.7.2006
Oriola-KD Corporation Stock Exchange Release 13 July 2006 at 11.30 a.m. According to the confirmation (Nr 1092/39/2006) on 11 July 2006 by the Finnish National Board of Taxes, the principle to be applied for the determination of the acquisition costs of the class A and B shares in Orion Corporation and Oriola-KD Corporation shall be the proportion of the fair values of the shares based on the weighted average stock prices of the shares during the first trading day. The two companies were listed on 3 July 2006 as new companies on the Helsinki Stock Exchange following the demerger of former Orion Corporation. The share acquisition cost is used for the calculation of capital gains and/or losses from share transactions for the basis of Finnish taxation. The acquisition cost of the class A share of new Orion Corporation is 87.24% of the original acquisition cost of the demerged Orion Corporation's class A share. Respectively the acquisition cost of the class A share of new Oriola-KD Corporation is 12.76% of the original acquisition cost of the demerged Orion Corporation's class A share. The acquisition cost of the class B share of new Orion Corporation is 87.70% of the original acquisition cost of the demerged Orion Corporation's class B share. Respectively the acquisition cost of the class B share of new Oriola-KD Corporation is 12.30% of the original acquisition cost of the demerged Orion Corporation's class B share. Oriola-KD Corporation Eero Hautaniemi President and CEO Henry Haarla Legal Counsel For further information: Kimmo Virtanen, CFO Tel. +358 10 429 2069 Distribution: Helsinki Stock Exchange Media Publisher: Oriola-KD Corporation Corporate Administration Harmaaparrankuja 1, 02200 Espoo Homepage: www.oriola-KD.fi