HKScan Oyj - Changes board/management/auditors

Anne Mere appointed to HKScan’s Management Board with responsibility for market areas of Finland and the Baltics

HKScan Corporation                                     Stock Exchange Release  
     10 February 2012  at 12:00p.m. 

Anne Mere appointed to HKScan's Management Board with responsibility for market
areas of Finland and the Baltics 

HKScan is combining and rendering closer to each other the operative management
of the market areas of Finland and the Baltics. Anne Mere, MBA, managing
director of HKScan's Estonian subsidiary AS Rakvere Lihakombinaat, has been
appointed to the post as of 10 February 2012. She also becomes a member of
HKScan's Management Board. Ms Mere will be responsible for HKScan's market area
of Finland as HKScan Finland Oy's managing director, and for the market area of
the Baltics. 

HKScan has already combined in January the operative management of the market
areas of Sweden and Denmark under Scan AB's managing director Denis Mattsson.
According to HKScan's CEO Matti Perkonoja, the company's goal is to utilise the
synergies between the various market areas more effectively. 

The change will not affect HKScan's reporting. The business segments will
continue to report as separate entities. 

Anne Mere has worked in the HKScan Group since 2003. She has held the post of
managing director at AS Rakvere Lihakombinaat since 2008 and was previously the
company's marketing director. Prior to Rakvere, Ms Mere worked at, among other
companies, Austria Tabak and Unilever, both in Estonia. 

HKScan's Management Board as of 10 February 2012 consists of
Matti Perkonoja, CEO (chairman until 29 February 2012, when Hannu Kottonen will
take over as CEO); Irma Kiilunen, CFO; Anne Mere, director responsible for the
market areas of Finland and the Baltics, Denis Mattsson, director responsible
for the market areas of Sweden and the Baltics, Sirpa Laakso, HR director and
Markku Suvanto, administrative and legal director. 

HKScan's market area of Finland, HKScan Finland Oy

HKScan Finland Oy is responsible for the HKScan Group's operations in Finland.
Its wholly owned subsidiaries are HK Ruokatalo Oy, HK Agri Oy and Järvi-Suomen
Portti Oy. In addition, HKScan Finland has a holding in Kotipalvaamo Oy and in
Harri Tamminen Oy. 
Net sales in the HKScan Group's market area of Finland in 2010 amounted to EUR
718.5 million, which was 33 percent of total net sales for the whole Group. 
Product brands in Finland are HK, Kariniemen, Tamminen, Kivikylän and Portti.

Jari Leija will continue as managing director of HK Ruokatalo Oy, the largest
subsidiary in the market area of Finland. 

HKScan's market area of the Baltics

The HKScan Group's market area of the Baltics consists of the Estonian
companies AS Rakvere Lihakombinaat and AS Tallegg. Rakvere has three
subsidiaries: the Estonian company AS Ekseko, the Latvian companies Rigas
Miesnieks A/S and Jelgavas Galas Kombinats A/S, and the Lithuanian company
Klaipedos Maisto Mesos Produktai. 
The companies' brands in Estonia are Rakvere and Tallegg, in Latvia Rigas
Miesnieks and Jelgava and in Lithuania Klaipedos Maistas. 
In 2010, the HKScan Group's net sales in the Baltics totalled EUR 160.4
million, which was 7 percent of total net sales for the whole Group. 

Along with Ms Mere's appointment, Teet Soorm has been appointed managing
director of AS Rakvere Lihakombinaat. He will also continue as managing
director of AS Tallegg and AS Ekseko. 



HKScan Corporation

Matti Perkonoja
CEO

Further information is available from:
HKScan Corporation, Matti Perkonoja, CEO. Please leave any messages for him to
call with Marjukka Hujanen on +358 10 570 6218. 
HKScan Finland Oy, Anne Mere, managing director, tel. +372 50 25899.

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 several well-known local brand names. Its
customers are retail, the HoReCa sector, industry and export customers. HKScan
is active in nine countries and has some 11 000 employees. It had net sales of
EUR 2.1 billion in 2010. 

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