Improved meat market situation - satisfactory performance by Atria

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ATRIA PLC                     INTERIM REPORT   24 October 2008, 9 am.           

INTERIM REPORT OF ATRIA PLC 1 JANUARY - 30 SEPTEMBER 2008                       


IMPROVED MEAT MARKET SITUATION - SATISFACTORY PERFORMANCE BY ATRIA              

- growth in sales volumes                                                       
- improved profitability in Finland and Russia compared with the first part of  
the year                                                                        
- increases in sales prices                                                     
- strategically important acquisition in Moscow.                                


Atria Group:                                                                    

                               Q3/        Q3/       Q1-Q3/   Q1-Q3/            
EUR million                    2008       2007       2008     2007     2007     
---------------------------------------------------------------------------     
Net sales                     357.7      312.8      995.8    935.1  1,272.2     
EBIT                           17.2       19.3       34.6     81.3     94.5     
Operative EBIT*                18.2       19.9       36.1     47.7     61.4     
Operative EBIT %                5.1        6.4        3.6      5.1      4.8     
Profit before taxes            14.0       16.1       25.1     69.3     80.6     
Earnings per share             0.37       0.41       0.62     2.32     2.56     

* Operative EBIT = operating profit excluding significant non-recurring items.  


Review Q3/2008                                                                  

Atria Group's year-on-year net sales rose by 14,4 per cent. Profitability in Q3 
improved compared with the first half of the year, but year-on-year             
profitability fell clearly. The business operations of AB Ridderheims           
Delikatesser are included in the figures for the review period from 1 July 2008.
The business operations of AS Woro Kommerts and AS Vastse-Kuuste Lihatööstus are
included in the Q3 figures from 1 August 2008.                                  

The sales volumes have grown especially in Finland and Russia. Intense growth   
combined with good price management improved the earnings, particularly in      
Russia.                                                                         

In Scandinavia, the earnings were hampered by delayed sales price increases not 
matching the raw material price increases. In addition, the loss-making         
operations of the Lätta Måltider unit had a negative impact on the earnings of  
the business area.                                                              

The company's performance in Estonia was unsatisfactory. The earnings were      
restrained by rising raw material prices and the structure of sales in Valga.   
The acquired companies AS Woro Kommerts and AS Vastse-Kuuste Lihatööstus were   
profitable in the quarter.                                                      

During the review period, Atria announced that it will expand its operations in 
Russia through acquisition of the meat processing company OOO Campomos, which   
operates in the Moscow and St Petersburg regions. The acquisition was completed 
on 15 October 2008.                                                             


Atria Finland 1 January - 30 September 2008                                     

                               Q3/        Q3/       Q1-Q3/   Q1-Q3/            
EUR million                    2008       2007       2008     2007     2007     
---------------------------------------------------------------------------     
Net sales                     208.3      187.4      591.7    545.7    749.6     
EBIT                           13.3       13.0       22.1     33.3     43.2     
Operative EBIT*                13.3       13.0       22.6     33.3     43.2     
Operative EBIT %                6.4        6.9        3.8      6.1      5.8     

Atria Finland's Q3 net sales increased by 11.2 per cent and the EBIT improved   
slightly year-on-year. Sales prices to retailers have risen by 6-7 per cent from
December 2007. The global pork market has changed from supply-driven to         
demand-driven, which has increased export prices. During Q3, the meat exports of
Atria Finland increased.                                                        

The summer season was successful. Year-on-year sales volumes rose. The market   
shares of cold cuts, meat and sausages sold under the Atria brand improved      
markedly. In the summer season, Atria was clearly the market leader in the A    
class and traditional grill sausage segments. Poultry sales did not quite       
achieve the target. Year-on-year sales volumes increased. Good delivery         
reliability contributed to the successful performance in the season.            

The situation in the Finnish pork market has shifted from supply-driven to      
demand-driven during the summer and autumn, and there's pressure on raw material
prices to increase before year-end. The sales price increase in the first part  
of the year did not fully compensate for the rising raw material and            
manufacturing costs.                                                            

Atria Finland's performance in Q4/2008 will be substantially affected by changes
in the global meat market.                                                      

                                                                                
Atria Scandinavia 1 January - 30 September 2008                                 

                               Q3/        Q3/       Q1-Q3/   Q1-Q3/            
EUR million                    2008       2007       2008     2007     2007     
---------------------------------------------------------------------------     
Net sales                     124.5      108.6      342.8    341.8    457.8     
EBIT                            3.9        6.7       15.6     49.4     54.9     
Operative EBIT*                 4.9        6.7       16.6     14.6     20.5     
Operative EBIT %                3.9        6.2        4.8      4.3      4.5     


Atria Scandinavia's comparable sales developed favourably, and operative EBIT   
for the first three quarters of the year was higher than the operative EBIT for 
the comparative period. AB Ridderheims Delikatesser, acquired in the summer, was
consolidated into Atria as of 1 July 2008.                                      

The market shares of cold cuts, cooking sausages and premium cheeses in retail  
trade remained stable or improved slightly during the review period (source: AC 
Nielsen).                                                                       

The Q3 earnings were depressed by heavy increases in raw material prices. The   
sales price increases during the period partly compensated for the increase in  
costs, and further price increases are planned for the final quarter.           

The net sales and EBIT of Lätta Måltider were unsatisfactory in the first part  
of the year. During the review period, Atria Scandinavia launched an efficiency 
programme and decided to transfer the production of sandwiches and salads from  
Halmstad to Norrköping. The arrangement affects all employees of the Halmstad   
plant, of whom 50 are permanent.  This efficiency programme caused a            
non-recurrent cost item of approximately one million euro.                      

The integration of the business operations of Ridderheims, acquired in June     
2008, and the establishment of the new Atria Deli business unit are progressing 
as scheduled.                                                                   

                                                                                
Atria Russia 1 January - 30 September 2008                                      


                               Q3/        Q3/       Q1-Q3/   Q1-Q3/            
EUR million                    2008       2007       2008     2007     2007     
---------------------------------------------------------------------------     
Net sales                      22.7       15.6       58.3     48.7     65.6     
EBIT                            1.9        1.1        2.3      3.8      4.3     
Operative EBIT*                 1.9        1.1        2.3      3.8      4.3     
Operative EBIT %                8.4        7.1        3.9      7.8      6.5     


Atria Russia's sales increased remarkably during the period, and EBIT took an   
upturn. The substantial price increases implemented in the third quarter had a  
positive effect on profitability. The market shares of meat products have       
developed favourably, and OOO Pit Product's total market share of St            
Petersburg's modern retail trade is now nearly 27 per cent.                     

During the review period, Atria announced that it will expand its operations in 
Russia through acquisition of the meat processing company OOO Campomos, which   
operates in the Moscow and St Petersburg regions. The main products of Campomos 
include meat products and pizzas. Campomos has a production plant and logistics 
centre in Moscow and a distribution terminal in St Petersburg. In addition, the 
company boasts a pork breeding facility with 2,500 sows. The main market of     
Campomos is Moscow, but it is also well-established in St Petersburg and some   
other major cities. In 2007, Campomos reported net sales of around EUR 75       
million. After the positive development of earnings in the early 2000s, the     
company's performance has shown a declining development and it has been         
loss-making in recent years. The company's production plant is modern and well  
maintained. The transaction's enterprice value is EUR 75 million. The Russian   
Competition Authority confirmed the acquisition on 29 September 2008. The       
process of consolidating Campomos began on 15 October 2008. Atria aims to have a
positive EBIT in Campomos in the year 2010.                                     

The Gorelovo logistics centre opened after the review period in October. At the 
same time, closing down of logistics operations began in central St Petersburg. 
The opening of the Gorelovo meat product plant will be postponed to 2009. The   
contractor, YIT Rakennus Oy, says that the postponement is due to delayed       
completion of the water and drain connection.                                   

Raw material and other costs continued to increase during the review period. The
raw material cost increase is expected to continue for the rest of the year,    
which will give pressure to further increases in customer prices.               


Atria Baltic 1 January - 30 September 2008                                      

                               Q3/        Q3/      Q1-Q3/   Q1-Q3/             
EUR million                    2008       2007      2008     2007     2007      
---------------------------------------------------------------------------     
Net sales                       9.6        6.4       21.5     20.6     26.7     
EBIT                           -0.9       -0.7       -3.1     -3.0     -4.4     
Operative EBIT*                -0.9       -0.1       -3.1     -1.8     -3.1     
Operative EBIT %               -9.4       -1.6      -14.4     -8.7    -11.6     


In Estonia, Atria's Q3 net sales increased clearly year-on-year. This was a     
result of the acquisitions made in June. The process of consolidating AS Woro   
Kommerts and AS Vastse-Kuuste Lihatööstus began on 1 August 2008.               

The weak performance in the period is explained by increasing raw material      
prices and the sales mix. The sales of lower-margin bulk meat goods have        
developed more favourably than the sales of meat products. The companies        
acquired in July, AS Woro Kommerts and AS Vastse-Kuuste Lihatööstus, generated  
positive results in August-September.                                           

The integration of the business operations of the two acquired companies into   
Atria has progressed as planned. The organisation was revised at the end of the 
review period. Kaido Kaare was appointed General Manager of Atria Estonia, and  
Kari Körkkö was appointed the Integration Director of Atria Baltic. Kaido Kaare 
is the former Managing Director of AS Wõro Kommerts. Kaido Kaare and Kari Körkkö
report to Juha Gröhn, Atria Baltic Business Area Director.                      

The integration of business operations is expected to generate cost savings of  
EUR 2 million in 2009. The most significant benefits will be gained from the    
distribution of work between the plants and the integration of logistic         
operations.                                                                     

The acquisitions considerably improved Atria's possibilities to strengthen its  
position in the Estonian market. Atria Estonia's market share is now 22.4 per   
cent in cold cuts and 30.6 per cent in cooking sausages (Source: Nielsen, YTD   
2008, Jan-Jul).                                                                 


Events occurring after the review period                                        

The acquisition of Campomos was confirmed on 15 October 2008, and the process of
consolidating Campomos began on the same date.                                  

The Gorelovo logistics centre opened after the review period on 13 October 2008.
The logistics operations in central St Petersburg will be closed down by the end
of October.                                                                     

Atria Estonia decided on 20th of October to concentrate its slaughtering and    
meat cutting operations in Valga. In the future, Valga slaughterhouse will be   
supplying meat raw material to all three meat processing factories - Woro,      
Vastse-Kuuste and Valga. The number of personnel in the Vastse-Kuuste           
slaughterhouse will be decreased by 18 persons, all other activities in         
Vastse-Kuuste will remain unchanged.                                            


Investments                                                                     

Construction work is still ongoing at the meat processing plant in St           
Petersburg. The total value of the investment is about EUR 70 million.          

The Group's investments during the period totalled EUR 91,3 million.            


Personnel                                                                       

The Group had an average of 5,840 employees (5,900) during the review period.   

Personnel by business area:                                                     

Atria Finland         2,382 (2,342)                                             
Atria Scandinavia     1,681 (1,772)                                             
Atria Russia          1,291 (1,254)                                             
Atria Baltic            486 (  532)                                             


Atria Plc's Administration                                                      

In its organisation meeting following the Annual General Meeting, Atria Plc's   
Supervisory Board re-elected retiring members Matti Tikkakoski and Martti Selin.

Ari Pirkola was appointed the new Chairman of the Supervisory Board, and        
Chairman of the Board Martti Selin was reappointed.                             

Atria Plc's Board of Directors now has the following membership: Chairman Martti
Selin; Vice-Chairman Timo Komulainen; members Tuomo Heikkilä, Runar Lillandt,   
Matti Tikkakoski and Ilkka Yliluoma.                                            


Financing                                                                       

The turmoil in the financial market has effected on the Finnish commercial paper
market. Atria has mainly financed its maturing commercial papers with available 
credit limits, of which about EUR 105 million are unutilised. Atria did not sign
any new credit agreements in the third quarter. Therefore, the higher loan      
margins have not had a substantial effect on Atria's financial expenses.        

The purchase price for Campomos was paid with available cash on 15 October 2008.
The outstanding loans of the acquired companies were carried over in the        
transaction.                                                                    

The increase in interest rates and loan margins, particularly in Russia, will   
slightly increase the Group's financing costs after the consolidating of the    
acquired companies.                                                             


Short-term Business Risks                                                       

The prices of Atria's most important raw materials have remained high, and the  
development of prices is difficult to predict. The global market situation for  
meat raw material has stabilised to some degree, but the short-term price       
development is still uncertain.                                                 

The Campomos acquisition in Russia involves both opportunities and risks. Atria 
has initiated measures to take the acquired company from the red to the black.  
In Russia, another significant risk is the delayed start of the meat product    
plant in Gorelovo, St Petersburg and its effect on Atria's growth in Russia in  
the near future.                                                                

The international financial market crisis has an impact on Atria's risks. The   
higher cost and lower availability of financing increase the probability of     
credit losses and customer bankruptcies. The increased interest rates and loan  
margins also affect Atria's financing costs.                                    


Outlook for the Future                                                          

Atria Group's net sales are expected to grow in 2008, but the operative EBIT is 
predicted to fall substantially compared with 2007. Changes in the global meat  
market situation create uncertainty in all of Atria's business areas.           

The global economic decline may have some effect on the consumption of food and 
on the consumption structure.                                                   


Board Authorisations                                                            

The General Meeting authorised the Board of Directors to decide, on one or      
several occasions, on a share issue involving a maximum of 10,000,000 new Series
A shares at the nominal value of EUR 1.70 per share.                            

The Board is also authorised to decide on all terms and conditions of the share 
issue. The authorisation thus also includes the right to issue shares in        
deviation from the proportion of the shares held by the shareholders under the  
conditions provided in law, as well as the right to decide on a share issue to  
the company itself without payment, subject to the provisions of the Finnish    
Companies Act regarding the maximum number of treasury shares held by a company.

The authorisation is intended to be used for the financing or execution of any  
acquisitions or other arrangements or investments relating to the company's     
business, for the implementation of the company's incentive programme or for    
other purposes subject to the Board's decision.                                 

The authorisation is valid until the closing of the next Annual General Meeting,
or until 30 June 2009, whichever occurs first. The authorisation does not repeal
the Board's current authorisation to decide on a reserve increase.              

The General Meeting of 3 May 2007 authorised the Board of Directors to decide,  
on one or several occasions, on a reserve increase, which may increase the      
company's share capital by a maximum of EUR 850,000. The authorisation is valid 
for a maximum of five years from the date of the General Meeting's decision.    


Purchase of treasury shares                                                     

Based on the authorisation of the AGM on 29 April 2008, Atria Plc's Board of    
Directors decided to purchase up to 300,000 A shares of the company. In         
accordance with the authorisation, the shares to be purchased are intended to be
used as consideration in possible company acquisitions or other arrangements    
relating to the company's business, for the financing of investments, for the   
implementation of the company's incentive programme, for improvement of the     
company's capital structure, or to be kept by the company, otherwise assigned or
cancelled.                                                                      

The shares will be purchased at the market price of the time of acquisition     
through public trade on the Nasdaq OMX Helsinki Ltd. The acquisition of treasury
shares begins no earlier than 29 September 2008 and ends no later than 30 June  
2009.                                                                           


KEY FIGURES                                                                     

EUR million                           1-9/08            1-9/07          1-12/07 

Equity/share, €                        16.73             16.52            16.77 
Interest-bearing liabilities           407.4             332.5            321.9 
Balance sheet total                  1,081.4             994.8          1,000.7 
Equity ratio (%)                        43.2              47.1             47.6 
Gross investments                       91.3             262.9            284.1 
Gross investments,                                                              
% of net sales                           9.1              28.1             22.3 
Average number of personnel            5,840             5,900            5,947 


Accounting Principles                                                           

This interim report has been compiled in accordance with the IAS 34 Interim     
Financial Reporting standard. The firm has applied the same principles in       
preparing this interim report as in preparing the 2007 annual financial         
statements. This interim report is unaudited.                                   




ATRIA PLC                                                                       

CONSOLIDATED BALANCE SHEET                                                      

Assets                                                                          
mill. EUR                            30-9-08           30-9-07          31-12-07

Non-current assets                                                              
 Property, plant                                                                
 and equipment                         486.8             443.4             455.6
 Goodwill                              162.8             149.4             151.8
 Other intangible assets                75.7              69.5              64.3
 Loan assets and                                                                
 other receivables                      46.7              42.8              43.6
 Investments                             8.5               7.3               8.7

Total                                  780.5             712.4             724.0

Current assets                                                                  
 Inventories                           104.8              92.8              87.3
 Trade and                                                                      
 other receivables                     170.4             147.1             153.8
 Cash in hand                                                                   
 and at bank                            25.7              42.5              35.6

Total                                  300.9             282.4             276.7

Total assets                         1 081.4             994.8           1 000.7


Equity and liabilities                                                          
mill. EUR                            30-9-08           30-9-07          31-12-07

Equity                                                                          
 Shareholders' equity                  465.7             467.0             474.1
 Minority interest                       1.8               1.9               1.9

Equity, total                          467.5             468.9             476.0

Non-current liabilities                                                         
 Interest-bearing                                                               
 liabilities                           165.4             272.8             194.1
 Deferred tax liabilities               45.0              45.0              42.8
 Other non-interest-bearing                                                     
 liabilities                             1.1               0.3               0.3

Total                                  211.5             318.1             237.2

Current liabilities                                                             
 Interest-bearing                                                               
 liabilities                           242.0              59.7             127.8
 Trade and                                                                      
 other payables                        160.4             148.1             159.7

Total                                  402.4             207.8             287.5

Liabilities, total                     613.9             525.9             524.7

Total equity and                                                                
liabilities                          1 081.4             994.8           1 000.7


CONSOLIDATED INCOME STATEMENT                                                   

mill. EUR                             7-9/08   7-9/07   1-9/08   1-9/07  1-12/07

Net sales                              357.7    312.8    995.8    935.1  1 272.2
Expenses                              -328.7   -281.6   -925.3   -820.1 -1 133.2
Depreciations                          -11.8    -11.9    -35.9    -33.7    -44.5

Operating profit                        17.2     19.3     34.6     81.3     94.5
* % of Net sales                         4.8      6.2      3.5      8.7      7.4

Financial income and                                                            
expenses                                -3.7     -3.2    -10.1    -12.0    -14.3
Income from associates                   0.5               0.6               0.4

Profit before tax                       14.0     16.1     25.1     69.3     80.6
* % of Net sales                         3.9      5.1      2.5      7.4      6.3

Income taxes                            -3.5     -4.3     -7.5     -9.7    -13.0

Profit for the period                   10.5     11.8     17.6     59.6     67.6
* % of Net sales                         2.9      3.8      1.8      6.4      5.3

Profit distribution for                                                         
the accounting period:                                                          
To parent company                                                               
shareholders                            10.5     11.6     17.6     58.7     66.7
To minority shares                                0.2               0.9      0.9
Total                                   10.5     11.8     17.6     59.6     67.6

Basic earnings/share, €                 0.37     0.41     0.62     2.32     2.56

Diluted                                                                         
earnings/share, €                       0.37     0.41     0.62     2.32     2.56


CALCULATION OF CHANGES IN SHAREHOLDERS' EQUITY                                  

mill. EUR   Equity belonging to the shareholders of the parent    Mino  Share   
            company                                               rity  holders'
                                                                  inte  equity  
            Share    Share   Fair  Inv.   Trans  Retained  Total  rest  in total
            capital  premium value non-   lation earnings                       
                             fond  rest.  diff.                                 
                                   equity                                       
                                   cap.                                         

Shareholders'                                                                   
equity                                                                          
1-1-2007      39.3   138.5                   0.7   128.1   306.6    5.8    312.4

Translation                                                                     
differences                                 -1.3            -1.3   -0.1     -1.4
Other changes                          0.2                   0.2   -4.7     -4.5
Profit for                                                                      
the period                                          58.7    58.7    0.9     59,6
Distribution                                                                    
of dividends                                       -13.7   -13.7           -13.7
Share issue    8.8                   110.2          -2.5   116.5           116.5

Shareholders'                                                                   
equity                                                                          
30-9-2007     48.1   138.5           110.4  -0.6   170,6   467,0    1,9    468,9

Shareholders'                                                                   
equity                                                                          
1-1-2008      48.1   138.5     1.9   110.5  -3.4   178.5   474.1    1.9    476.0

Translation                                                                     
differences                                 -4,6            -4.6   -0.1     -4.7
Other changes                 -1.8     0.2                  -1.6            -1.6
Profit for                                                                      
the period                                          17.6    17.6            17.6
Distribution                                                                    
of dividends                                       -19.8   -19.8           -19.8
Shareholders'                                                                   
equity                                                                          
30-9-2008     48.1   138.5     0.1   110.7  -8.0   176,3   465.7    1.8    467.5


CASH FLOW STATEMENT                                                             

mill- EUR                             1-9/08            1-9/07           1-12/07

Cash flow from operating activities                                             
 Operating activities                   45.7              61.7              92.3
 Financial items                                                                
 and taxes                             -23.5             -26.4             -28.4

Cash flow from operating activities,                                            
total                                   22.2              35.3              63.9

Cash flow from investing activities                                             
 Tangible and                                                                   
 intangible assets                     -60.8             -61.9             -92.1
 Investments                            -0.4              -0.9              -1.4
 Sold shares in subsidiaries                              33.0              39.1
 Bought shares in subsidiaries         -35.5            -123.6            -124.6

Cash flow from investing activities,                                            
total                                  -96.7            -153.4            -179.0

Cash flow from financing activities                                             
 Cash share issue                                        116.5             116.5
 Loans drawn down                      130.7             254.2             304.1
 Loans repaid                          -46.4            -232.1            -292.1
 Dividends paid                        -19.8             -13.7             -13.7

Cash flow from financing,                                                       
total                                   64.5             124.9             114.8

Change in liquid funds                 -10.0               6.8              -0.3


SEGMENT-SPECIFIC INFORMATION                                                    

GEOGRAPHICAL                                                                    
mill. EUR                             7-9/08   7-9/07   1-9/08   1-9/07  1-12/07

Net Sales                                                                       
 Finland                               208.3    187.4    591.7    545.7    749.6
 Scandinavia                           124.5    108.6    342.8    341.8    457.8
 Russia                                 22.7     15.6     58.3     48.7     65.6
 Baltic                                  9.6      6.4     21.5     20.6     26.7
 Eliminations                           -7.4     -5.2    -18.5    -21.7    -27.5
Total                                  357.7    312.8    995.8    935.1  1 272.2

EBIT                                                                            
 Finland                                13.3     13.0     22.1     33.3     43.2
 Scandinavia                             3.9      6.7     15.6     49.4     54.9
 Russia                                  1.9      1.1      2.3      3.8      4.3
 Baltic                                 -0.9     -0.7     -3.1     -3.0     -4.4
 Unallocated                            -1.0     -0.8     -2.3     -2.2     -3.5
Total                                   17.2     19.3     34.6     81.3     94.5

Operative EBIT                                                                  
 Finland                                13.3     13.0     22.6     33.3     43.2
 Scandinavia                             4.9      6.7     16.6     14.6     20.5
 Russia                                  1.9      1.1      2.3      3.8      4.3
 Baltic                                 -0.9     -0.1     -3.1     -1.8     -3.1
 Unallocated                            -1.0     -0.8     -2.3     -2.2     -3.5
Total                                   18.2     19.9     36.1     47.7     61.4

Segment reporting was redefined from the beginning of 2008 onwards in such a    
manner that each business area (Finland, Scandinavia, Russia and the Baltic     
countries) forms a segment. In addition, Group costs are now reported separately
in unallocated items. Group costs mainly consist of personnel and administration
costs as well as costs arising from the share-based payment plan. Previously,   
Group costs have been included in the figures reported for the segment Finland. 
Comparative figures have been adjusted to correspond to the current segment     
structure.                                                                      


LIABILITIES                                                                     

mill. EUR                            30-9-08           30-9-07          31-12-07

Debts with mortgages or other collateral                                        
given as security                                                               

 Loans from financial                                                           
 institutions                            6.0              61.5              13.5
 Pension fund loans                      4.2               4.8               4.6
Total                                   10.2              66.3              18.1

Mortgages and other securities given                                            
as comprehensive security                                                       
 Real estate mortgages                   6.0              77.7              22.0
 Corporate mortgages                     6.3              27.5               2.2
Total                                   12.3             105.2              24.2

Guarantee engagements not included                                              
in the balance sheet                                                            
 Guarantees                              6.5               3.6               3.6


ACQUIRED OPERATIONS                                                             

RIDDERHEIMS                                                                     

Atria Scandinavia's strategy is to focus on products with a higher degree of    
processing. The acquisition of Ridderheims supports this strategy. The          
acquisition strengthens Atria's position in the fresh delicatessen market, which
is currently one of the fastest growing segments in the consumer goods industry.

Ridderheims' operations are to be merged with the operations of Falbydgens Ost, 
a business unit of Atria Scandinavia. These will together comprise the Atria    
Deli business unit. The merger creates the finest and most comprehensive range  
of fresh delicatessen products in the Nordic countries and paves the way for    
increased exports for both companies. Ridderheims currently exports its products
to eleven countries. The merger will allow it to increase its Swedish sales and 
exports even further, as Atria has a strong position and network of distributors
in Finland, Denmark, the Baltic States and Russia. At the same time,            
Ridderheims' distribution network will enable Falbygdens Ost to export more of  
its products.                                                                   

Furthermore, the acquisition will generate savings, as products which           
Ridderheims used to buy from subcontractors can now be manufactured in Atria's  
plants.                                                                         

Ridderheims' net sales for the previous financial year were EUR 54.4 million and
EBIT stood at EUR 1.9 million.                                                  

                                                                                
                                                                      Acquiree's
                                                         Fair         current   
                                                         value        book value

Assets                                                                          
  Property, plant and                                                           
  equipment                                                5,7               5,7
  Goodwill                                                 12,0                 
  Other intangible assets                                 10,5                  
  Current assets                                           8,0               8,0
  Cash and cash equivalents                                2,4               2,4
Total assets                                              38,6              16,1

Liabilities                                                                     
  Deferred tax liabilities                                 3,0                  
  Interest-bearing liabilities                             2,6               2,6
  Other liabilities                                        7,6               7,6
Total liabilities                                         13,2              10,2

Net assets                                                25,4               5,9

Purchase price                                            25,4                  
Cash and cash equivalents of acquired company              2,4                  
Effect on cash flow                                       23,0                  



VASTSE-KUUSTE LIHATÖÖSTUS AND WORO KOMMERTS                                     

Atria complements and expands its current product range for retail customers in 
Estonia. Combined with the operations of Woro and Vastse-Kuutse, AS Valga       
Lihatööstus is the second largest player in the Estonian meat processing market,
with net sales of about EUR 42 million. The merger will generate significant    
synergies and help establish a firmer foothold in the market.                   


In the previous financial year, the companies posted net sales of EUR 18.6      
million and EBIT stood at EUR 0.9 million.                                      

                                                                      Acquiree's
                                                         Fair         current   
                                                         value        book value

Assets                                                                          
  Property, plant and                                                           
  equipment                                                4,8               4,8
  Goodwill                                                 5,7                  
  Other intangible assets                                  2,9                  
  Current assets                                           3,1               3,1
  Cash and cash equivalents                                2,6               2,6
Total assets                                              19,1              10,5

Liabilities                                                                     
  Interest-bearing liabilities                             1,2               1,2
  Other liabilities                                        2,8               2,8
Total liabilities                                          4,0               4,0

Net assets                                                15,1               6,5

Purchase price                                            15,1                  
Cash and cash equivalents of acquired company              2,6                  
Effect on cash flows                                      12,5                  


Calculation has been made as a draft.                                           


ATRIA PLC                                                                       
Board of Directors                                                              

For further information, please contact Matti Tikkakoski, President and CEO,    
tel. +358 50 2582.                                                              

DISTRIBUTION                                                                    
Nasdaq OMX Helsinki Ltd                                                         
Major media                                                                     
www.atria.fi                                                                    

The interim report will be mailed to you upon request and is also available on  
our website at www.atria.fi/konserni.

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