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PROPOSAL OF RAISIO´S NOMINATING COMMITTEE FOR CHANGES IN THE BOARD OF DIRECTORS

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Raisio plc       Stock Exchange Release 10 November 2006 at 3.15 p.m.


PROPOSAL OF RAISIO´S NOMINATING COMMITTEE FOR CHANGES IN THE BOARD OF DIRECTORS

The nominating committee set up by the Supervisory Board of Raisio plc has
decided to propose to the Supervisory Board meeting on 29 November 2006, that the
number of the members of the Board would be five instead of current seven and
that the members to be elected would be Mr Anssi Aapola, M.Sc (Agr. & Forestry),
Mr Erkki Haavisto, M.Sc. (Agr. & Forestry), Mrs Satu Lähteenmäki, professor, Mr
Simo Palokangas, M.Sc. (Agr. & Forestry), Mining Counsellor and Mr Michael Ramm-
Schmidt B.Sc. (Econ. & Business Administration). Of the proposed members, Mr
Aapola, Mrs Lähteenmäki and Mr Palokangas are new. Of the current members Mr
Jörgen Grandell, Mr Seppo Paatelainen and Mr Arimo Uusitalo have informed that
they are no longer available for re-election and Mr Christoffer Taxell has today
announced that he will immediately resign from the Raisio Board. Mr Kaarlo
Pettilä is no longer selectable due to the age determined in the Articles of
Association.

The Committee also proposes that the new Board will select Mr Palokangas to
become the Chairman of the Board. Furthermore, according to the proposal, the
term of the new Board members would start immediately after the election on 29
November 2006 and last until the end of 2007.

The chairman of the Supervisory Board and the nominating committee Juha Saura
comments: "When preparing its proposal the Committee contacted i.a. the major
shareholders and their representatives. This radical change is essential in order
to improve the profitability of the company and thus enable the necessary
growth."

RAISIO PLC

Juha Saura
Chairman of the Supervisory Board

Further information
Juha Saura, tel. +358 500 123 134



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Helsinki Stock Exchange
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