HKScan Oyj

Governance Information • Dec 30, 2009

Disclosure 274908

HKScan Oyj - Company Announcement

HKSCAN TO REORGANIZE LEGAL STRUCTURE OF FINNISH BUSINESS AT START OF 2010

HKScan Corporation STOCK EXCHANGE RELEASE 30 Dec. 2009, at 11am HKSCAN TO REORGANIZE LEGAL STRUCTURE OF FINNISH BUSINESS AT START OF 2010 HKScan Corporation is transitioning to a holding company structure in its Finnish business. The reorganization will streamline financial reporting and internal supervision in the Group, as it will allow business in the market areas to be kept separate from the parent company. The reorganization will be accomplished by transferring HKScan Corporation's production-related property, plant and equipment in Finland as well as its holdings in subsidiaries and associates to HKScan Finland Oy, a holding company wholly owned by HKScan Corporation. The transfer will take place in the form of a business transfer on or about 1 January 2010. The reorganization is technical and legal in nature and it will have no effect on operational activities. HK Ruokatalo Oy and LSO Foods Oy, the companies responsible for the Group's Finnish business, will carry on as before. The reorganization will not affect jobs or the status of the listed parent company or its shareholders. Managing director Jari Leija of HK Ruokatalo Oy will also serve as managing director of HKScan Finland Oy. HKScan Corporation Matti Perkonoja Chief Executive Officer (CEO) Further information: CEO Matti Perkonoja. Please leave any messages for him to call with Marjukka Hujanen on +358 (0)10 570 6218. 010 570 6218. DISTRIBUTION: Nasdaq OMX, Helsinki Main media www.hkscan.com