Apetit Oyj - Company Announcement

Apetit Plc launches project to restructure its business

Apetit Plc, stock exchange release, 8 May 2013 at 8.30

Apetit Plc is launching a restructuring project which will look at combining
into an integrated entity the company's present Finnish-based consumer
businesses. By revising the structure and operating procedures of the consumer
businesses, the aim is to further boost Apetit's standing among consumers as
their preferred food solution and to be the preferred partner for our
customers. 

The company has previously combined businesses successfully, when it brought
together the components of the Grains and Oilseeds business. The current plan
of combining Apetit Pakaste, the Finnish Seafood business, Caternet Finland and
the support functions for these is a natural step forward in the company's
drive to improve profitability and strengthen its growth prospects. 

The new business structure is expected to be ready by the end of 2013. The
restructuring should improve the cost efficiency of the business. The potential
impact of the project in euro terms will be reviewed later as the project
progresses. The likely effect of the restructuring on the Group's reportable
segments will be separately assessed as the project progresses towards
implementation. 



APETIT PLC

Matti Karppinen
CEO



Further information:

Matti Karppinen, CEO, tel.  +358 (0)10 402 00



Copies to:

NASDAQ OMX Helsinki Ltd
Main media
www.apetitgroup.fi