Summarised Financial Statements 2004

• The Group’s net sales amounted to SEK 3,629 million (3,317). - Earnings after net financial items totalled SEK 152 million (185). - Earnings were impacted by items affecting comparability of SEK 46 million. - Earnings after tax were SEK 111 million (141). - Earnings per share amounted to SEK 5.25 (6.73). • Strong growth in the speciality fats segment - up 20 percent. • Karlshamns’ far-reaching efficiency improvement programme is now well underway, and will cut annual costs by SEK 100 million from 2006 onwards. • For the year 2004 a dividend of SEK 5.00 is proposed, with the addition of SEK 4.50 in the form of a supplementary, one-off dividend.

Jerker Hartwall President and CEO For further information, phone +46 (0)454-826 03