2007-10-03 15:00:00 CEST

2007-10-03 15:00:00 CEST


REGULATED INFORMATION

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Raisio - Company Announcement

RAISIO TO CLOSE TWO MILLS IN NOKIA


Raisio plc	Stock Exchange Release, 3 October 2007                               

RAISIO TO CLOSE TWO MILLS IN NOKIA                                              

Raisio's codetermination talks which were initiated in late June and focused on 
adjusting the production of the wheat, rye and oat mills in Nokia to the current
market situation, have been concluded. As a result of the talks, the wheat and  
rye mills will be closed down. The oat mill will continue to operate in Nokia.  

The close-down of the two mills will cut 27 jobs. Raisio will employ 45 people  
in the oat mill and related operations. The adjustment of production at the     
Nokia mills is expected to lead to total annual savings of some EUR 2.0 million.

RAISIO PLC                                                                      

Heidi Hirvonen                                                                  
Communications Manager                                                          
tel. +358 2 443 2242 or +358 50 567 3060                                        

Further information:                                                            
Matti Rihko, CEO, tel. +358 2 443 2716 and +358 400 830 727                     
Vesa Kurula, Vice President, Operations, tel. +358 2 443 3131 and               
+358 400 478 169                                                                



Distribution:                                                                   
OMX Nordic Exchange, Helsinki                                                   
Key media                                                                       
www.raisio.com