Raisio plc Stock exchange release 1 October 2007 RAISIO'S CODETERMINATION TALKS CONCLUDED Raisio's codetermination talks initiated in August have been completed. The talks involved the Food and Ingredients Divisions, as well as group service functions. The talks will lead to the termination of 18 white-collar jobs and the reduction of 9 jobs through natural redundancy. The completed talks are a part of Raisio's process to enhance and clarify its business operations in order to improve profitability. The personnel reductions are estimated to generate annual savings of some EUR 2 million. Owing to the reductions, Raisio will include a cost provision of approximately EUR 1.5 million in the Q3 results for this year. The codetermination talks at the Nokia mill, which aim to adjust production to the current market situation, are ongoing. RAISIO PLC Heidi Hirvonen Communications Manager tel. +358 2 443 2242 or +358 50 567 3060 Further information: Matti Rihko, CEO, tel. +358 2 443 2716 or +358 400 830 727 Merja Lumme, Vice President, HR, tel. +358 443 2230 or +358 40 528 0448 Distribution: OMX Nordic Exchange, Helsinki Key media www.raisio.com