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RAISIO GROUP INTERPRETS RAISIO CHEMICALS

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Raisio Group plc    Stock Exchange Release
                    1 July 2004 at 15:30 Finnish time



RAISIO GROUP INTERPRETS RAISIO CHEMICALS SALES PROFIT TO BE FREE OF
TAX

Since the Parliament of Finland has on 30 June 2004 approved the
renewal of the corporate tax legislation, tax on certain capital gains
will be abolished with conditions defined by the law. After the EU
Merger Control approval on 26 May 2004 and fulfilling of other
conditions Raisio Group received EUR 475 million in purchase price and
transferred the possession of Raisio Chemicals shares on 2 June 2004.
Due to the fact that the conditions have been fulfilled and the
transfer of the shares and the purchase price have taken place after
the legislative proposal given on 19 May 2004, Raisio regards the
sales profit of approximately EUR 220 million to be free of tax.


RAISIO GROUP PLC


Taru Narvanmaa
Executive Vice President, Communications and Investor Relations
mobile +358 50 590 9398

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