HUHTAMÄKI OYJ STOCK EXCHANGE RELEASE May 3, 2007 AT 9.00 Huhtamaki continues to develop its position as a leading consumer packaging company in the emerging Asian market. Huhtamaki will establish a new manufacturing facility close to the existing plant in Samutsakorn Industrial Estate in Bangkok to supply the local food and consumer goods industry with advanced flexibles packaging."We already have a solid position in Asia, but actively look for new opportunities to develop growth platforms. This market is growing rapidly, over 10 percent per year and we want to make investments in order to capture the growth", says CEO Heikki Takanen."This project will strengthen our position and our existing customer portfolio as well as support exports of Thailand's growing food-related segments", tells Maurice Petitjean, Executive Vice President, Flexibles, Films and Molded Fiber Europe. According to the preliminary schedule the new facility would commence production in the summer 2008. The value of the investment is approximately EUR 17 million. For further information, please contact: Sakari Ahdekivi, CFO, tel. +358 10 686 7853 Maurice Petitjean, Executive Vice President, Flexibles, Films and Molded Fiber Europe, mobile: +31 629 607 878 HUHTAMÄKI OYJ Group Communications Huhtamaki Group is a leading manufacturer of consumer and specialty packaging with 2006 net sales totaling EUR 2.3 billion. Consumer goods and foodservice markets are served by approximately 14,800 people in 66 manufacturing units and several sales offices in 36 countries. The parent company, Huhtamäki Oyj, has its head office in Espoo, Finland and is listed on the Helsinki Stock Exchange. Additional information is available at www.huhtamaki.com.