RAISIO PLC’S FINANCIAL REVIEW 2005

RAISIO’S RENEWAL STARTS OFF Slight drop in operating result, excluding one-off items, over the previous year.

• Turnover for 2005 was nearly the same as the previous year: EUR 434.6 million (EUR 437.9 million in continuing operations in 2004). • Operating result, excluding one-off items, amounted to EUR 9.1 million (EUR 10.6 million in continuing operations, excluding one-off items in 2004). The recorded operating result in the financial statements was EUR -10.9 million (EUR -18.4 million). • Earnings per share, excluding one-off items, was EUR 0.05 (EUR 0.07). Reported earnings per share amounted to EUR -0.04 (EUR -0.12). The Board of Directors proposes a dividend of EUR 0.05 per share. • Raisio’s renewal started with increased product development inputs, investments and networking. • Operating result for 2006 is expected to improve over the previous year. This financial review has been prepared in accordance with the principles of the IFRS. Raisio adopted the International Financial Reporting Standards as of the beginning of 2005.

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