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UNDER AN EARLIER AGREEMENT HK RUOKATALO

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HK Ruokatalo Oyj      STOCK EXCHANGE BULLETIN 15 July 2004,at 9.00 am


UNDER AN EARLIER AGREEMENT HK RUOKATALO INCREASES ITS OWNERSHIP OF
SOKOLÓW IN POLAND

Under an agreement signed on 6 May 2004, HK Ruokatalo has acquired
the first lot of shares owned by Conrad Jacobson GmbH of Germany in
Poland’s largest meat company, Sokolów S.A. The first part of the
deal involved 9,000,000 shares, representing 9 per cent of Sokolów,
and takes HK Ruokatalo’s holding in Sokolów from 21.12 per cent to
30.12 per cent.
The deal has been given the green light by the Polish authorities.

Under the deal concluded in May, HK Ruokatalo is to buy a total of
11,499,564 shares from Conrad Jacobson in two lots. These shares
represent an 11.48 per cent share in Sokolów. The remaining 2,499,564
shares will be acquired in the autumn under the rules of the Warsaw
Stock Exchange.

HK Ruokatalo has been a shareholder in Sokolów since December 2002
and is currently the company’s largest shareholder.


HK Ruokatalo Oyj

Matti Perkonoja
Chief Financial Officer


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

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