HKScan Oyj - Company Announcement

HKScan’s fire insurance case settled and closed in Denmark

HKScan Corporation                                     Stock exchange release  
       22.11.2013     at 3 p.m. 


HKScan's fire insurance case settled and closed in Denmark

Negotiations have been completed with the insurance company regarding
compensation of damage due to the fire at the Vinderup plant in Denmark in June
2012. The insurance covered damage to property, loss of profit and additional
costs caused by business interruption. 

The property insurance compensation part of the total compensation amounts to
EUR 7.2 million in 2013. It will be reported as non-recurring income in the
fourth quarter of 2013. Total capital expenditure related to the fire amounts
to EUR 26.5 million. 


HKScan Corporation

Hannu Kottonen
CEO


Further information is available from HKScan Corporation's CEO, Hannu Kottonen
and CFO, Tuomo Valkonen. Please leave any messages for them to call with
Communications Manager Elina Hollo, tel. +358 40 570 4030 or +358 10 570 2133. 


HKScan is one of the leading food companies in northern Europe, with home
markets in Finland, Sweden, Denmark, the Baltic countries and Poland. HKScan
manufactures, sells and markets pork and beef, poultry products, processed
meats and convenience foods under strong brand names. Its customers are the
retail, food service, industrial and export sectors. In 2012, it had net sales
of EUR 2.5 billion and some 11 000 employees. 


DISTRIBUTION:
NASDAQ OMX Helsinki,
Main media,
www.hkscan.com