Huhtamäki Oyj - Company Announcement

Huhtamaki divested its release paper business

HUHTAMÄKI OYJ STOCK EXCHANGE RELEASE 10.3.2009 AT 10:00

Huhtamaki has sold its release paper business, a part of Huhtamaki's
Films Global business, to German release liner manufacturer
B.Laufenberg GmbH. The release paper business consists of siliconized
glassine and clay coated liners which are manufactured at Huhtamaki's
Films facility in Forchheim, Germany.

The release paper business will be transferred to B.Laufenberg GmbH
over a transition period of 12 months. The annual net sales of the
divested business is EUR 30 million.

This action will allow increased focus on Huhtamaki's stronghold
business, release films, and strengthen it further. Production of
poly coated paper will also continue.

Enquiries:
Timo Salonen, CFO, tel. +358 (0)10 686 7880


HUHTAMÄKI OYJ
Group Communications


Huhtamaki Group is a leading manufacturer of consumer and specialty
packaging with 2008 net sales totaling EUR 2.3 billion. Consumer
goods and foodservice markets are served by some 14,600 people in 65
manufacturing units and several sales offices in 35 countries. The
parent company, Huhtamäki Oyj, has its head office in Espoo, Finland
and is listed on the NASDAQ OMX Helsinki Ltd. Additional information
is available at www.huhtamaki.com.