2009-06-23 12:15:00 CEST

2009-06-23 12:15:01 CEST


REGULATED INFORMATION

Finnish English
Lännen Tehtaat - Company Announcement

LÄNNEN TEHTAAT IMPROVES LOGISTICS EFFICIENCY OF ITS SEAFOOD BUSINESS IN FINLAND


LÄNNEN TEHTAAT PLC	STOCK EXCHANGE RELEASE 	23 June 2009, 13.15 p.m.             

LÄNNEN TEHTAAT IMPROVES LOGISTICS EFFICIENCY OF ITS SEAFOOD BUSINESS IN FINLAND 
                                                                                
An improvement in the efficiency of logistics functions represents a further    
step in the efficiency improvements being implemented by Apetit Kala Oy, a      
subsidiary of Lännen Tehtaat plc. Apetit Kala Oy and Swanline Oy have agreed on 
a transfer of business, whereby the picking and dispatch functions at Apetit    
Kala Oy's Kerava logistics centre will be transferred on 13 July 2009 to        
logistics service operator Swanline Oy. As part of the business transfer, 21    
employees at Kerava will also transfer to Swanline Oy. Apetit Kala Oy also took 
the decision to sell the Kerava property, and this has now been sold to a       
Finnish industrial operator.                                                    

With the property sale and the transfer of the logistics functions, the aim is  
to achieve improved profits of around EUR 0.4 million annually, this first being
achieved in full during 2010. The sale will also release a significant amount of
tied-up capital. Non-recurring expenses of approximately EUR 0.5 million on the 
property sale will be recognised in the second-quarter operating result of the  
Seafood business.                                                               

Apetit Kala Oy develops and produces fresh fish products at its plant in Kuopio 
and sells fish products and other fresh products at its Kalatori service        
counters, which operate under the shop-in-shop principle in the largest         
supermarkets. The company's brand name is Apetit. Apetit Kala's main product    
groups are cold- and hot-smoked, raw pickled and marinated fish products. The   
main ingredients used by the company are farmed rainbow trout and salmon, and   
Finnish and Canadian whitefish.                                                 


LÄNNEN TEHTAAT PLC                                                              
Matti Karppinen                                                                 
CEO                                                                             
Further information: Matti Karppinen, CEO, tel. +358 10 402 4001                

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www.lannen.fi                                                                   




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