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LÄNNEN TEHTAAT TO BRING CLEARER DEFINITION TO BUSINESS STRUCTURE BY CORPORATIZING

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LÄNNEN TEHTAAT PLC      STOCK EXCHANGE RELEASE  November 20, 2006 at 14;00 p.m.


LÄNNEN TEHTAAT TO BRING CLEARER DEFINITION TO BUSINESS STRUCTURE BY CORPORATIZING
FROZEN FOOD AND SERVICE BUSINESS OPERATIONS

The Board of Directors of Lännen Tehtaat plc has decided to make separate limited
liability companies out of the Apetit Pakaste strategic business unit and the
operations that the parent company handles in order to serve the business units.
The rearrangement will take place under the transfer of business operations in
accordance with section 52d of the Corporate Taxation Act. The new companies will
start their operations on January 1, 2007.

The rearrangement will bring a clearer definition to the Group's business
structure and support the management model, which is based on independent
companies.

The designated name for the frozen foods company is Apetit Pakaste Oy and for the
service company Apetit Suomi Oy.

Apetit Pakaste Oy will produce frozen foods, jams and marmalades. It will be the
market leader in frozen vegetables and food and in jams and marmalades. It will
have production plants at Säkylä, Turku and Pudasjärvi. Its net sales will be
about EUR 50 million and it will employ some 190 permanent and 60 temporary
staff.

Apetit Suomi Oy's commercial unit will be in charge of developing, marketing and
selling products made by Apetit Pakaste Oy and Apetit Kala Oy. In addition to
commercial services, Apetit Suomi Oy will produce human-resource, IT,
environmental and financial-administration services for the companies in the
Lännen Tehtaat Group. Apetit Suomi Oy's personnel numbers around 60.

After the transfers of the business operations the parent company, Lännen Tehtaat
plc, will become a holding company administering the shares of subsidiary
companies and properties. About ten people who are part of the Group
administration will remain in the parent company's service.

After the rearrangement, the Food Division in the Lännen Tehtaat Group will
comprise Apetit Pakaste Oy, which engages in frozen-food operations, Apetit Kala
Oy, which is engaged in the fish business, and Apetit Suomi Oy, which will be
producing services for Group companies. The Group's reporting segments will still
be the Food Division, Feeds business, Grain Trading and Other Operations.

Lännen Tehtaat's consolidated net sales in 2006 are expected to exceed EUR 400
million, of which food will account for more than a quarter, the animal feeds
business more than a half and grain trading just under a quarter.

LÄNNEN TEHTAAT PLC
Matti Karppinen
CEO


More details: Matti Karppinen, tel. +358 10 402 4001

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

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