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*CONVERSION OF SERIES K INTO SERIES V: R

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HEX HELSINKI     SECURITIES EXCHANGE   RELEASE 15/2004
                 SHARES                16 January 2004


CONVERSION OF SERIES K INTO SERIES V: RAISIO GROUP PLC

A total of 1 000 converted restricted shares (series K)
of Raisio Group Plc into free shares (series V) will be
traded together with the free shares of Raisio Group Plc
as of 19 January 2004.

Identifiers of Raisio Group Plc's shares:

Trading code:                        RAIVV
ISIN code:                           FI0009002943
Number of shares:                    129 771 788

Trading code:                        RAIKV
ISIN code:                           FI0009800395
Number of shares:                    35 377 242


HELSINKI EXCHANGES
Mikko Timonen

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