HKScan Corporation STOCK EXCHANGE RELEASE, 12 January 2009, at 1pm MATTI PERKONOJA APPOINTED HKSCAN CEO The Board of Directors of HKScan Corporation appointed CFO Matti Perkonoja as the company's new CEO on Monday, 12 January 2009 for a term agreed to extend until the end of 2010, at which time Mr Perkonoja will retire. He has served as acting CEO in addition to his regular duties since 5 January 2009. Matti Perkonoja, aged 59, has been the CFO of HKScan since 2000. Before this, he served in both commercial and industrial positions in the Group which he joined in 1993. According to Markku Aalto, Chairman of the Board of HKScan, Mr Perkonoja's background gives him an excellent understanding of the company. He was one of the key contributors to HKScan's internationalisation, and his wealth of experience - as well as the state of the company's business, which was restored to a more even keel in late 2008 - provides a prime foundation for the further development of the company. HKScan Corporation Markku Aalto Chairman of the Board Further information: Chairman of the Board Markku Aalto and CEO Matti Perkonoja, HKScan Corporation. Please leave any messages for them to call with Communications Manager Marja Siltala on 010 570 2290 (Finland) or +358 10 570 2290 (international) For details on Matti Perkonoja, please consult the presentation of HKScan's Management Team on the company's website www.hkscan.com > HKScan in brief > Management Team HKScan is one of the leading food companies in northern Europe with home markets in Finland, Sweden, the Baltics and Poland. HKScan manufactures, sells and markets pork and beef, poultry products, processed meats and convenience foods under several well-known local brand names. Its customers are retail, the HoReCa sector, industry and export customers. HKScan is active in nine countries and has some 10,000 employees. Annual net sales are in excess of two billion euro. DISTRIBUTION: Nasdaq OMX, Helsinki Main media www.hkscan.com