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HK RUOKATALO TO INCREASE IT?S OWNERSHIP

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HK Ruokatalo Oyj      STOCK EXCHANGE BULLETIN 31 Jan. 2003, 4.50pm


HK RUOKATALO TO INCREASE IT’S OWNERSHIP IN HELANDERIN TEURASTAMO

HK Ruokatalo is to increase its 85 per cent interest in slaughterhouse
Helanderin Teurastamo Oy to 100 per cent. Loimaa-based Helanderin
Teurastamo specialises in the procurement, slaughter and industrial
sale of pork and it has been a member of HK Ruokatalo Group since
summer 2000. Increasing ownership makes it possible to intensify
furthermore division of labour between group units.

Pursuant to the authorisation given by the annual general meeting on
15 April 2002, HK Ruokatalo’s Board of Directors has decided to
finance the deal through a share-for-share arrangement, with HK
Ruokatalo increasing its share capital by EUR 109,335.50 by a private
placing of 64,315 A Shares to Helanderin Teurastamo’s owners. The
subscription period commences on 31 January 2003 and ends on 14
February 2003.


HK Ruokatalo Oyj



Simo Palokangas
Chief executive officer



DISTRIBUTION:
Helsinki Exchanges
Internet: www.hk-ruokatalo.fi

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