Cloetta Fazer AB to de-merge into Cloetta and Fazer Confectionery

The principal owners of Cloetta Fazer AB (publ) (“Cloetta Fazer”) – Oy Karl Fazer Ab (“Fazer”, or “Fazer Group”) and AB Malfors Promotor (“Malfors) – who together own approximately 78.5 percent of the votes in Cloetta Fazer, have struck an agreement concerning a de-merger of Cloetta Fazer. Through the de-merger, Cloetta Fazer creates the two future companies Cloetta and Fazer Confectionery. The new Cloetta intends to apply for a listing on the OMX Nordic Exchange Stockholm. Fazer Confectionery will be consolidated in the privately held Fazer Group.

This release is not for distribution or release, directly or indirectly, in or into Australia, the United States, Japan, Canada, New Zeeland or South Africa. The offer from Oy Karl Fazer Ab to the shareholders in Cloetta Fazer AB (publ) is not made to person in these countries or in any other country, in which participation requires further information, registration or other measures in addition to those that are required according to the Swedish Law.

A joint press conference will be held led by the mediators today in Stockholm, World Trade Center, conference room New York, at 10.00. For participation, please email to information@cloettafazer.se.

There is a possibility to listen in on the conference. Please use the following dial-ins:
SE: +46 (0)8 505 598 53.

The information from Cloetta Fazer contained herein is subject to the disclosure requirements in the Swedish Securities Market Act. The information was submitted for publication on 16 June 2008, 08:00 a.m. CET.

Complete Press release including appendixes is enclosed in pdf
Appendix 1: Press release: Fazer announces public offer to the shareholders of Cloetta Fazer
Appendix 2: Press release from Cloetta Fazer
Appendix 3: Press release from Fazer
Appendix 4: Press release from Malfors