Oriola-KD Corporation Stock Exchange Release 19 July 2011 at 1.10 p.m. Oriola-KD's net sales in January-June 2011 were EUR 1066 million (EUR 903 million) and operating profit excluding one-off items and impairment charges EUR 4 million (EUR 8 million). Net sales in the second quarter of 2011 were EUR 536 million (EUR 487 million) and operating loss excluding one-off items and impairment charges EUR 1 million (operating profit EUR 7 million). Oriola-KD's first half 2011 profitability decreased due to depressed profitability in the retail operations: Low gross margin caused by fierce competition in Russia, and lower sales compared to 2010 and higher than expected fixed costs mainly related to IT system implementation in Sweden. Oriola-KD will book in the second quarter of 2011 a EUR 33 million impairment charge related to the intangible assets of the Russian Stary Lekar brand. In the changed competitive environment the pricing power of Stary Lekar brand has essentially declined. The impairment charge will decrease the operating profit by EUR 33 million and net result by EUR 27 million. The impairment charge has no cash-flow effect. Oriola-KD revises the year 2011 outlook. Outlook published on 28 April 2011 Oriola-KD's net sales is expected to be higher and operating profit from continuing operations excluding one-off items clearly better than in 2010. New outlook published on 19 July 2011 Oriola-KD's net sales are expected to increase over 10 per cent in 2011 compared to the previous year. Operating profit excluding one-off items and impairment charges is expected to exceed EUR 20 million in 2011. Oriola-KD will publish the second quarter interim report on 4 August 2011. Oriola-KD Corporation Eero Hautaniemi President and CEO Kimmo Virtanen Executive Vice President and CFO For additional information, contact: Eero Hautaniemi President and CEO tel. +358 (0)10 429 2109 e-mail: eero.hautaniemi@oriola-kd.com Pellervo Hämäläinen Vice President, Corporate Communications and IR tel. +358 10 429 2497 email: pellervo.hamalainen@oriola-kd.com Distribution: NASDAQ OMX Helsinki Ltd. Principal media Published by: Oriola-KD Corporation Corporate Communications Orionintie 5 FI-02200 Espoo www.oriola-kd.com [HUG#1531913]