English

LÄNNEN TEHTAAT'S FINAL QUARTER RESULTS TO INCLUDE NON-RECURRENT EXPENSES ARISING

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LÄNNEN TEHTAAT PLC     STOCK EXCHANGE RELEASE      DECEMBER 23, 2005, 9;00 a.m


LÄNNEN TEHTAAT'S FINAL QUARTER RESULTS TO INCLUDE NON-RECURRENT EXPENSES ARISING
FROM RESTRUCTURING AND IMPAIRMENT TESTING

Two strategic business units have been formed in Lännen Tehtaat's Food Division,
namely Apetit Frozen Foods and Jams and Apetit Fish. Joint sales, marketing and
controlling functions for these units have also been set up in the Division. At
the same time, the Group's IT management and personnel administration have been
transferred from Other Operations to the Food Division. In addition, the sugar
sales previously handled by the Food Division will be managed by Lännen Tehtaat's
associated company Sucros Ltd as from January 1, 2006. As a result of the
personnel arrangements made in connection with the reorganization, Lännen Tehtaat
will enter non-recurrent expenses of about EUR 0.9 million in the accounts for
the final quarter. The Group's operating profit is expected to improve annually 
by about EUR 0.7 million in the coming years as a result of the restructuring.

Following impairment testing in accordance with the IFRS standards, Lännen
Tehtaat is to enter impairment losses totalling approximately EUR 0.4 million in
the final quarter accounts for the Food Division and Other Operations.

About EUR 0.3 million of the non-recurrent expenses and impairment losses are
assigned to the Food Division, and about EUR 1.0 million to Other Operations.

LÄNNEN TEHTAAT PLC

Matti Karppinen
CEO

More information: Matti Karppinen, CEO, tel. +358 10 402 00

Distribution:
Helsinki Stock Exchange
Principal media
www.lannen.fi

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