Raisio plc Stock exchange release 29 June 2007, 9:00 a.m. Raisio has 29.6.2007 invited representatives of personnel groups to co-determination talks that will focus on ways to adjust the production of Melia Oy's units in Nokia in line with the changing market situation. The measures include a possible closedown of the mill. The talks will begin on 4th July 2007 and are expected to continue at least until September 2007. Raisio's CEO Matti Rihko says: “At the beginning of the year Raisio announced it had initiated assessments of all of its units, focusing especially on overcapacity. This work proceeds in stages, and insofar as volumes and prices cannot be raised to a reasonable level of profitability, we must adjust capacity. Since the Nokia mill has made deliveries to only a few customers, the steep price increase in grain raw material must be transferred to the prices of all of the mill's customers if we wish to continue operations.” Raisio's plant in Nokia has mills for wheat, oat and rye. The plant has 70 employees. RAISIO PLC Heidi Hirvonen Communications Manager tel. +358 50 567 3060 Further information: Matti Rihko, CEO, tel. +358 400 830 727 Distribution Helsinki Stock Exchange Key media www.raisio.com