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TURKU PROPERTY TO CHANGE HANDS

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HK Ruokatalo Group Oyj  STOCK EXCHANGE BULLETIN 28 Dec. 2006 at 12noon


TURKU PROPERTY TO CHANGE HANDS

HK Ruokatalo and LSO Osuuskunta have sold a property located in the
Kupittaa district of Turku to two real estate companies. The sale
concerns the HK Ruokatalo office building on Itäinen Pitkäkatu street
and the industrial building at the edge of Kupittaa Park. The land
area is ca. 23,000 square metres. HK Ruokatalo will remain a tenant in
the office building. The company’s lease on the industrial building
runs until the end of 2007.

HK Ruokatalo will book an additional non-recurring capital gain of EUR
3.6 million on the transaction.

The sale of the property is part of the restructuring of domestic
operations which, among other things, involves winding down the
production of processed meats in Turku by the end of 2007. All in all,
the restructuring is estimated to deliver annual cost savings in the
region of EUR 15-20 million.


HK Ruokatalo Group Oyj


Kai Seikku
CEO


Further information is available from:
CEO Kai Seikku and CFO Matti Perkonoja. Please leave any messages for
them to call with Katja Backman on +358 10 570 2428



DISTRIBUTION:
Helsinki Exchanges
Main media
www.hk-ruokatalo.fi

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