SCANDIC FEED, LÄNNEN TEHTAAT'S AND RAISIO'S JOINT VENTURE, TO BE DISSOLVED

LÄNNEN TEHTAAT PLC     Stock Exchange release        November 1, 2006 at 8.30 am

SCANDIC FEED, LÄNNEN TEHTAAT'S AND RAISIO'S JOINT VENTURE, TO BE DISSOLVED

Lännen Tehtaat plc and Raisio plc have decided to dissolve the joint venture
company ZAO Scandic Feed, which was established to start local animal feed
business and feed production in northwest Russia. As announced in our stock
exchange release on August 24, 2006, ZAO Scandic Feed's venture to make a
corporate acquisition in the St Petersburg area was cancelled in August when the
seller refused to take the transaction through to a conclusion. As a result of
the cancellation, Lännen Tehtaat recorded a non-recurring expense of EUR 0.2
million in the third quarter's financial performance.

Lännen Tehtaat still looks on northwest Russia as an interesting market. Exports
by Suomen Rehu to Russia have progressed well and the company will continue to
export feed as before.


LÄNNEN TEHTAAT PLC
Matti Karppinen
CEO


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

Distribution:
Helsinki Stock Exchange
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