Kemira GrowHow Oyj s General Meeting of Shareholders - CEO Heikki Sirviö s business overview


Kemira GrowHow Oyj STOCK EXCHANGE RELEASE 3.4.2007 at 16:10

CEO Heikki Sirviö comments Kemira GrowHow Oyj's business developments
at the General Meeting of Shareholders:

Fertilizer demand returned to normal level from last year's unusually
low level and sales volumes were about 20 percent higher than during
the corresponding period in 2006.

Except for the decline in the UK, fertilizer prices have remained at
last year's level. Prices in Europe have not followed the world
market price increases.

The price of natural gas has normalized from last year and was
clearly lower than during 2006. One of the reasons for this change is
better availability of gas, thanks in part to new gas pipeline
infrastructure, which has also stabilized the differences between
various market areas. Also gas demand in Europe declined due to the
mild winter.

The outlook for the year 2007 has not changed and Kemira GrowHow's
operating profit for 2007, excluding non-recurring items, is
estimated to improve clearly from 2006.

Kemira GrowHow's result from the first quarter 2007 will be published
3 May at 9 a.m.

Kemira GrowHow Oyj
Heikki Sirviö
CEO

For additional information please contact:

Kemira GrowHow Oyj
Kaj Friman, Deputy CEO, CFO
Tel. +358 50 62 626

Distribution:
Helsinki Stock Exchange
Media


All forecasts and estimates of this release are based on current
judgement of the economic environment, and the actual results may
differ significantly.

Kemira GrowHow Oyj is one of the leading producers of fertilizer and
feed phosphates in Europe. Kemira GrowHow develops and markets
fertilizers and integrated solutions for crop cultivation, animal
feed supplements and chemicals required in various industries. The
company has approximately 2,500 employees worldwide and in 2006 net
sales were 1.2 billion euros. Kemira GrowHow Oyj is listed on the
Helsinki Stock Exchange.