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THE SALE OF RAISIO CHEMICALS CONCLUDED

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Raisio Group plc    Stock Exchange Release 3 June 2004 at 8.00 a.m. Finnish time


THE SALE OF RAISIO CHEMICALS CONCLUDED

After the approval of EU commission last week and the fulfilment of other
conditions, Raisio Group has sold all shares of Raisio Chemicals to Ciba
Specialty Chemicals.

The enterprise value of the deal is EUR 475 million. The sales profit of
about EUR 200 million will be specified when the closing accounts are
completed.

In the future, Raisio’s target is to create added value to its customers
and success to its owners by developing innovative solutions for nutrition
and wellbeing. Strategic targets and key focus areas will be published
during the summer.

RAISIO GROUP PLC

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

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