RESTRUCTRING PROCESS ADVANCES AT RAISIO
Raisio Group plc Stock Exchange Release
5 March 2004 at 9.50 Finnish time
RESTRUCTRING PROCESS ADVANCES AT RAISIO GROUP
Negotiations on selling Raisio Chemicals ongoing
On the basis of thorough evaluation and discussions with potential
buyers, the best restructuring alternative for Raisio Group is
considered to be the sale of Raisio Chemicals to an industrial buyer.
The Supervisory Board of Raisio Group has in its meeting authorized
the Board of Directors to sell Raisio Chemicals. The negotiations are
expected to be completed in the second or third quarter of 2004.
RAISIO GROUP PLC
Taru Narvanmaa
Executive Vice President, Communications and Investor Relations
tel. +358 2 443 2240, +358 50 590 9398