HK Ruokatalo Group Oyj STOCK EXCHANGE BULLETIN 12 Feb. 2007, 2.30pm INFORMATION ON THE OPERATIONS OF SWEDISH MEATS IN 2006 The Swedish Meats cooperative has on this date released information on its operations in 2006. HK Ruokatalo Group Oyj acquired on 29 January 2007 the business of Swedish Meats, which had been incorporated into Scan AB. Below is a summary of the financial information reported by Swedish Meats. The full bulletin is available in Swedish on the Swedish Meats website at www.swedishmeats.com Swedish Meats Group SEK million 2005 2006 Net sales 8,872 10,038 Operating profit before non-recurring items 59 163 Non-recurring items 2 -47 Operating profit after non-recurring items 61 116 Net financial expenses -28 -54 Profit after financial items 33 62 Supplementary payments to members - -0* Earnings after taxes and supplementary payments to members 32 17 Total assets 3,350 4,001 Equity ratio, % 31 27 ------- *) The Board proposes to the Assembly that supplementary payments of SEK 140 million be made to members in 2007. Key events in 2006 in brief: - Partnership with the Finnish HK Ruokatalo Group - Operating profit SEK 163 million (59) a clear improvement over the previous year - Best settlement prices to growers in five years - Closer integration of slaughtering, cutting and consumer-packed meat; structural changes and investments resulting in performance improvement of SEK 86 million - New slicing and packing centre and increased production of sandwich meats in Halmstad - Increase in and centralisation to Swinoujscie, Poland of the slicing and packing of bacon - New CEO and Group President Magnus Lagergren, consolidation of management organisation for greater result orientation - SLP Pärsons acquisition completed - Swedish Meats subsidiary Skånekött in Skurup closed down - Swedish Meats attractive offer of merger to KLS (Kalmar) rejected In its own financial statement bulletin to be released on 26 February 2007, HK Ruokatalo Group Oyj will present pro forma information in which the figures for HK Ruokatalo Group and the acquired business incorporated into Scan AB have been consolidated. HK Ruokatalo Group has previously presented figures for Swedish Meats in its Stock Exchange Bulletin of 10 November 2006 when the deal was announced. HK Ruokatalo Group Oyj Kai Seikku CEO Further information: CEO Kai Seikku, please leave any messages for him to call with Katja Backman on +358 10 570 2428 DISTRIBUTION: Helsinki Exchanges Main media www.hkruokatalo.fi