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EUROPEAN COMMISSION APPROVED THE SALE OF

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Raisio Group plc    Stock Exchange Release
                    27 May 2004 at 8.00 a.m. Finnish time


EUROPEAN COMMISSION APPROVED THE SALE OF RAISIO CHEMICALS TO CIBA
SPECIALTY CHEMICALS

Raisio Group announced on 19 March that it has signed a deal with Ciba
Specialty Chemicals. When completed, the deal would lead to divestment
of Raisio Chemicals. The transaction was conditional among other things
on the receipt of the regulatory approvals defined in the Sales and
Purchase Agreement. EU commission has now informed that it has cleared
the transaction.

The closing will take place within the next few weeks. The enterprise
value of EUR 475 million will make Raisio Group a debt-free company. The
new Raisio strategy will be published during the summer.

RAISIO GROUP PLC

Taru Narvanmaa
Executive Vice President, Communications and Investor Relations
tel. +358 2 443 2240, +358 50 590 9398

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