Huhtamäki Oyj - Company Announcement

Huhtamaki sells its rigid plastic consumer goods business in South America

HUHTAMÄKI OYJ STOCK EXCHANGE RELEASE 3.6.2009 AT 14.00

Huhtamaki sells its rigid plastic consumer goods business in Brazil
to Dixie Toga S.A. and in Argentina to American Plast S.A., both
subsidiaries of Bemis Company, Inc. The annual net sales of the
divested business is some EUR 60 million and it currently employs
some 640 people. The agreed value for the transaction is EUR 30
million."This sale represents an excellent outcome to the review of our rigid
plastic consumer goods business in South America and supports the
strategy execution", says Huhtamäki Oyj's CEO Jukka Moisio. "We are
also genuinely pleased to have Bemis as the buyer and are confident
that they will be a good owner for this business.""We will continue to review the remaining rigid plastic consumer
goods operations in Europe and in Australia. In South America, we
will continue to operate our flexibles and rough molded fiber
packaging units."

The divested business includes three manufacturing units in Brazil
and one in Argentina. The units in Brazil serve mainly large
multinational customers with dairy, ice cream and edible fats
packaging, while the unit in Argentina serves local foodservice
markets.


For further information, please contact:
Jukka Moisio, CEO, tel. +358 (0)10 686 7801
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. Foodservice
and consumer goods markets are served by approximately 14,000 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.