New CEO for Lännen Tehtaat plc

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Lännen Tehtaat plc   Stock Exchange Release        May 16, 2005 at 12.00

New CEO for Lännen Tehtaat plc

A new CEO is to be appointed at Lännen Tehtaat plc. Erkki Lepistö has been Lännen
Tehtaat's CEO since 2001 and will continue to exercise his full authority as CEO
until a replacement has been appointed and taken up the duties of the post.

Since 2001, Lännen Tehtaat has focused its operations on the Finnish food
industry by withdrawing from business areas not forming part of its core
activities. At the same time Lännen has expanded through corporate acquisitions
and is now one of the leading Finnish food industry corporations. The Group's net
turnover has doubled since 2001, reaching EUR 470 million in the financial year
ending December 31, 2004. The Group's equity ratio was 50% and its operating
profit before taxes EUR 12.6 million.

The vision outlined for Lännen Tehtaat in 2001 has, in most respects, been
achieved and the Group is now looking for new opportunities to grow. In order to
design and implement the future strategy effectively, different expertise and new
leadership will be needed. The Board of Directors and CEO Erkki Lepistö are
united in their view of the need for this change. Erkki Lepistö will continue in
the service of Lännen Tehtaat Group after the new CEO has been appointed. His
future duties will be clarified once the new CEO has taken up the post.

The application process for the new CEO has already begun.


LÄNNEN TEHTAAT PLC
Board of Directors


More information:
Tom v. Weymarn, Chairman of the Board, tel +358 400 212 386
Erkki Lepistö, CEO, tel. +358 10 402 4001

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


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