Interim Report January – March 2004

· The Group’s net sales amounted to SEK 869 million (853). - Earnings after net financial items totalled SEK 46 million (45). - Earnings after tax were SEK 33 million (32). - Earnings per share amounted to SEK 1.58 (1.53). · Expanding market shares in all business areas. · Keen competition in business area Oils & Fats. Continued progress for high value-added speciality products. · Steady profit level in business area Technical Products, despite low glycerine prices. · Profit improvement and volume growth in business area Feed Materials.