Lännen Tehtaat - Company Announcement

LÄNNEN TEHTAAT SOLD ITS REMAINING HOLDING IN SUOMEN REHU TO HANKKIJA-MAATALOUS

LÄNNEN TEHTAAT PLC      STOCK EXCHANGE RELEASE  1 September, 2008 at 9;15 a.m.  

LÄNNEN TEHTAAT SOLD ITS REMAINING HOLDING IN SUOMEN REHU TO HANKKIJA-MAATALOUS  
OY                                                                              

Lännen Tehtaat plc and SOK subsidiary Hankkija-Maatalous Oy signed an agreement 
today, transferring the remaining shares owned by Lännen Tehtaat in Suomen Rehu 
Ltd to Hankkija-Maatalous Oy. The transaction price for the 49% shareholding was
some EUR 27 million. Lännen Tehtaat will record a non-recurring tax-free profit 
of approximately EUR 6.5 million for the sale of these minority shares in its   
financial performance for the third quarter.                                    

Lännen Tehtaat plc has selected food as its core business, the aim being to     
double the core business's net sales in three years. The current transaction is 
a continuation of the sale of the majority of shares in Suomen Rehu, which was  
carried out in June 2007, when Suomen Rehu and its subsidiaries were transferred
to the Hankkija-Maatalous Group. With today's transaction Lännen Tehtaat has    
withdrawn from the feed business completely, in line with its strategy.         

The profit arising on the transaction will be reported in the income statement  
under discontinued operations. Because of the transaction, the profit of the    
associated company Suomen Rehu will be presented differently in the consolidated
income statement. Previously shown beneath the operating profit, the share of   
profit of associated company Suomen Rehu for the period 1 January - 31 August   
2008 will be presented under discontinued operations. The information for the   
comparative year for the period subsequent to the sale of the majority          
shareholding, 1 June - 31 December 2007, will be adjusted accordingly.          

Lännen Tehtaat is a food company whose continuing operations are the Frozen     
Foods, Fish, Vegetable Oils and Grain Trading and Other Operations. In addition 
to activities common to the Group and items unallocated to a particular segment,
the Group's Other Operations comprise a 20% holding in Sucros Oy, which is      
engaged in sugar refining and trading, and a 50% holding in Ateriamestarit Oy,  
which sells and markets products for the hotel, catering and restaurant         
business. The Group's most important brands in Finland are Apetit, Avenakauppa  
and Neito, and in Norway and Sweden Maritim, Fader Martin and Sunnmöre.         

The net sales of the Group's continuing operations in 2007 amounted to about EUR
310 million, and the profit was EUR 13.4 million. The Group employed an average 
of 705 people.     

LÄNNEN TEHTAAT PLC                                                              
Matti Karppinen                                                                 
CEO   
More information: CEO Matti Karppinen, tel. +358 (0)10 402 4001                 
                                                                                
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OMX Nordic Exchange Helsinki                                                    
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www.lannen.fi