Raisio plc Stock Exchange Release 11 January 2007 at 16.10 p.m. APPEAL ON RAISIO'S TAXATION TO THE ADMINISTRATIVE COURT Raisio plc has been requested to submit a rejoinder to the appeal filed by the representative of the Tax Office for Major Corporations concerning the company's taxation for 2004 and the liability to taxation of the sales profit of approximately EUR 220 million from the divestment of Raisio Chemicals on 2 June 2004. The question at hand is which of the two versions of the Act on the Taxation of Business Income should be applied to the sales profit: the version in force prior to the proposal for corporate and capital income tax reform, issued on 19 May 2004, or the version valid after the proposed amendment took effect. The Act according to which the sales profit is free of tax is applied to sales and divestments carried out on or after 19 May 2004. The sales profit has been considered free of tax in the company's regular taxation for 2004, as well as in the resolution made by the Assessment Adjustment Board in November 2006. "The appeal lodged by the representative of the tax authority contains no such matter that would justify a reassessment of the resolution made by the Assessment Adjustment Board. Raisio's stand, supported by the expert statements obtained by the company, remains the same: the sales profit is subject to the amended Act and the resulting profit is free of tax. The company will submit a rejoinder to the Administrative Court concerning the appeal on taxation," says Mikko Korttila, Raisio's Executive Vice President, Legal Affairs. RAISIO PLC Heidi Hirvonen Communications Manager Further information: Mikko Korttila, Executive Vice President, Legal Affairs tel. +358 2 443 2400 or +358 50 593 4589 Distribution: Helsinki Stock Exchange Key media www.raisio.com