RESIDENTIAL BUILDINGS TO RAISIO'S FEED PLANT SITE IN OULU
Raisio Plc Press Release 8 June 2006 at 11.30 a.m. Finnish time
RESIDENTIAL BUILDINGS TO RAISIO'S FEED PLANT SITE IN OULU Raisio plans to build a new feed plant Raisio Feed and the city of Oulu have agreed that Raisio cuts off manufacturing in its feed plant in Toppila. The site will thus become available for house building in June 2009 at the latest. The lease contract of the site would have ended in 2016. The agreement requires yet an acceptance of Oulu's City Board. Raisio has started planning of a new feed plant. The most likely location for the new manufacturing plant is Ylivieska. The new plant will serve livestock producers mainly north of Kokkola-Iisalmi line. Leif Liedes, the president of the Feed and Malt division, says: "Raisio's share of Finnish farm feed market is nearly 40%. At the moment company's feed plants are located in Raisio, Anjalankoski and Oulu. The capacity of Oulu's plant seems to become insufficient due to the growing demand for industrial feeds thanks to increase in farm sizes. According to plan Raisio's feed production in the key milk production area will be ensured by building a new manufacturing plant, double the size of Oulu's plant, by the end of 2008." RAISIO PLC Taru Narvanmaa Executive Vice President, Communications and Investor Relations Tel. +358 2 443 2240 or +358 50 590 9398 Further information: Leif Liedes, President of the Feed and Malt division Tel. +358 2 443 2768 or +358 50 608 26 Distribution: Helsinki Exchanges The key media www.raisio.com