HKScan Corporation   STOCK EXCHANGE RELEASE    17 December 2010, at 9.30

HKSCAN'S NEW SERIES A SHARES REGISTERED WITH TRADE REGISTER

A total of 1 000 000 new Series A shares in HKScan Corporation ("HKScan") have today been registered with the Trade Register on the basis of the share issue directed to the shareholders of Rose Poultry A/S ("Rose Poultry") announced on December 9, 2010. The new Series A shares will be listed and admitted to trading on the main list of Nasdaq OMX Helsinki Ltd as of December 20, 2010.

As announced on December 9, 2010 the new Series A shares will be subject to a lock-up arrangement pursuant to which, during a period of 21 months from the closing date of the acquisition of Rose Poultry (being November 29, 2010), at maximum 100 000 Series A shares can be transferred within a 30 day period to any third party other than HKScan without the consent of HKScan.

As a result of the abovementioned registration, the total number of HKScan's issued shares and votes are as follows:

 

               Shares                  %             Votes            %

Series A       49 626 522    90.19      49 626 522    31.48

Series K        5 400 000      9.81     108 000 000    68.52

Total          55 026 522         100     157 626 522      100

 

Each Series A share carries one vote. Series K shares are not listed and each Series K share carries 20 votes. All shares have equal dividend rights.  

 

HKScan Corporation

 

Matti Perkonoja
CEO

 

Further information is available from:
CEO Matti Perkonoja, HKScan Corporation. Please leave any messages for him to call with Marjukka Hujanen on +358 (0)10 570 6218.

 

HKScan is one of the leading food companies in northern Europe with home markets in Finland, Sweden, Denmark, the Baltic countries 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 11 000 employees. It had net sales of EUR 2.1 billion in 2009.

 

 

DISTRIBUTION:
Nasdaq OMX, Helsinki
Main media
www.hkscan.com