HKScan Corporation STOCK EXCHANGE RELAESE 17 September 2007, at 4pm SCAN TO SPIN OFF BUSINESS UNITS IN SWEDEN Scan AB in Sweden is making headway with its efficiency programme. In June, the company divided its business into two profit centres, the Meat Business and the Processed Meat and Convenience Food Business. Now the profit centres will be spun off as subsidiaries. Both newly incorporated subsidiaries will assume responsibility for their own production, sales and marketing. In future, the companies will be developed according to their individual needs and with regard to the overall Swedish market. The purpose of the arrangement is to improve profitability through greater efficiency. The business split will provide resources for the development of a customer-driven operating model and better utilisation of the Scan brand, especially in the processed meat and convenience food business. In future, the company will be able to offer its customers the services of skilled, specialised partners. The spin-off will have no impact on the standing or duties of other Scan subsidiaries. Mr Mikael Mörk, vice president of Scan's Meat Business, has been appointed managing director of the new meat company. The managing director of the new processed meat and convenience food company will be Mr Denis Mattsson, who most recently served as president of the Food Division at Raisio Plc. Mr Magnus Lagergren remains managing director of Scan AB. Scan AB is responsible for HKScan Group's business operations in Sweden. HKScan Corporation Kai Seikku CEO Further information: CEO Kai Seikku, HKScan Coroporation. Please leave any messages for him to call with Katja Backman on +358 (0)10 570 2428 Managing dirctor Magnus Lagergren, Scan AB, tel. +46 (0)70 255 5235 DISTRIBUTION: Helsinki Exchanges Main media www.hkscan.com