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THE RATIONALISATION OF RAISIO GROUP ADMI

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Raisio Group plc              Stock Exchange Release
                           31 August 2004 at 09:00 Finnish time


THE RATIONALISATION OF RAISIO GROUP ADMINISTRATION PROCEEDS
Jyrki Paappa the new Group CFO

Streamlining of Raisio Group administration has been started since Raisio
Group divested its largest business division Raisio Chemicals. Service
functions will be centralized at Raisio Group level and overlapping will
be pruned. The invitation to codetermination talks has been given today in
Finland. Abroad the negotiations have been commenced earlier.

The current CFO of Raisio Nutrition, Mr Jyrki Paappa, has been appointed
Group CFO and a member of Executive Committee. CFO Antti Salminen has
decided to resign.

CEO Rabbe Klemets: "As the turnover of Raisio has halved after the
divestment of Raisio Chemicals we have critically examined the support and
service functions of Raisio and defined the service needs and levels.
Pruning the overlapping organisations will unavoidably lead to some
personnel reductions. The reductions are estimated to approximately 30 in
Finland and 15 abroad.

The current CFO of Raisio Nutrition, Mr Jyrki Paappa, has been appointed
Group CFO because he thoroughly knows the largest business area of Raisio
and the development needs for its financial control."

RAISIO GROUP PLC

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

Distribution:
Helsinki Exchanges
The principal media
www.raisiogroup.com

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