Raisio - Tender offer

GLISTEN BECOMES A PART OF RAISIO ON 8 APRIL 2010

Raisio plc, Stock Exchange Release 8 April 2010                                 

GLISTEN BECOMES A PART OF RAISIO ON 8 APRIL 2010                                

Raisio's growth phase is proceeding according to plan when the acquisition of   
British snack foods manufacturer Glisten plc came into force on 8 April 2010    
after the completion of related legal conditions. Glisten has filed an          
application for cancellation of the admission to trading of Glisten Shares on   
the AIM market of the London Stock Exchange effective from 9:00 a.m. Finnish    
time on 9 April 2010.                                                           

In March Glisten's shareholders approved, by the majority of 98 per cent,       
Raisio's cash offer of EUR 1.61 (GBP 1.40) per share. Raisio will pay EUR 22.8  
million (GBP 19.8 million) for the entire issued share capital of Glisten and   
undertake the company's interest-bearing net debt. The consideration due to     
Glisten's shareholders will be paid no later than 22 April 2010.                

After the completion of the acquisition, Glisten Ltd is owned by Raisio UK Ltd, 
of which Raisio plc owns 85 per cent and Glisten's senior management 15 per     
cent. Furthermore, Glisten's Chief Executive, MBA Paul Simmonds has been        
appointed as a member of Raisio Group's Management Team as of 8 April 2010.     
Glisten's result will be reported as a part of the figures of Raisio's Brands   
Division from the second quarter of the year.                                   

Glisten is a growing, consumer-led, innovative and healthy snack foods producer.
Its products are sold in impulse channel and retail shops. Glisten has          
well-established brands such as Fruitus and Dormen's. In addition, the company  
manufactures e.g. Weight Watchers and Sun-Maid brand products under licensing   
agreements. Also big European food manufacturers are significant customers of   
the company. According to the half-year results of July-December 2009 announced 
by Glisten in March 2010, the company's net sales grew from the comparison year 
by over 10 per cent and the EBIT improved.                                      

Raisio's CEO Matti Rihko: “This acquisition provides both the parties good      
opportunities for growth and expansion into small but growing product categories
on new market areas. We have already begun the work to launch Raisio's products 
to the UK market and correspondingly Glisten's products to the Finnish and      
neighbouring markets. We will continue in the path of growth and                
internationalization and actively work to find suitable new product categories  
and markets for Raisio.”                                                        

Further information on Glisten is found at www.glisten.plc.uk.                  
The used exchange rate is €1 = £0.87.                                           

RAISIO PLC                                                                      

Heidi Hirvonen                                                                  
Communications Manager                                                          
tel. +358 50 567 3060                                                           

Further information:                                                            
Matti Rihko, CEO, tel. +358 400 830 727                                         



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