HKScan Oyj - Company Announcement

HKScan Group to streamline legal corporate structure in Finland

HKScan Corporation                         Stock exchange release          29
June 2012, at 12:45 


HKScan Group to streamline legal corporate structure in Finland

HKScan is to clarify and simplify its corporate structure in Finland in order
to harmonize the Group's operational policies and to streamline its internal
administration. 

HKScan Finland Oy and its wholly owned subsidiaries − Järvi-Suomen Portti Oy,
the processed meats producer in Eastern Finland and Helanderin Teurastamo Oy,
which has already earlier discontinued its business operations − will be merged
into HK Ruokatalo Oy. HK Ruokatalo Oy will thus become HKScan Corporation's
100-percent-owned subsidiary. 

The mergers are of a legal nature and will have no impact on employees. The
employees from the merging companies will transfer to HK Ruokatalo Oy without
loss of holiday and similar entitlements. 
This internal restructuring will not have any impact on the position of HKScan
Corporation's shareholders or on the Group's external reporting. 

The company has submitted the merger plan concerning the above described
restructuring programme to the Trade Register on 29 June 2012. It is planned
that the mergers will be completed by 31 December 2012. 


HKScan Corporation

Hannu Kottonen
CEO


Further information can be obtained from Markku Suvanto, HKScan's
administrative and legal director, tel. +358 10 570 6128. 


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 retail,
the HoReCa sector, industry and export customers. It had net sales of EUR 2.5
billion in 2011. HKScan is active in 10 countries and has some 11 400
employees. 


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