*CONVERSION OF SERIES K INTO SERIES V: R

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


About Us

Raisio is an international company specialised in healthy, responsibly produced food, ingredients and fish feeds. Our well-known brands include, for example, Benecol, Elovena, Sunnuntai, Torino and Benella. In Raisio’s products, the focus is on well-being, health, good taste and sustainable development. Profitable growth is ensured through our strong expertise and passion for creating new. Raisio’s shares are listed on Nasdaq Helsinki Ltd. In 2019, the Group’s net sales totalled EUR 236 million and EBIT was EUR 27 million. Our food is good for Health, Heart and Earth. For more information on Raisio go to www.raisio.com.

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