HKScan Corporation                                     Stock Exchange Release         31 October 2012, at 3:40 p.m.


Appointment to the Management Team of HKScan

Göran Holm (54) has been appointed Executive Vice President of HKScan's consumer business in Scandinavia and a member of the Management Team of HKScan as of 3 December 2012. Holm has held various positions at Coca-Cola Enterprises Sverige AB since 2001, including the position of commercial director, serving most recently as managing director since 2005. Before this, Holm held the position of managing director at Johnson & Johnson Consumer for several years.

Holm also serves as Chairman of the Board of the Swedish Food Federation and as a member of the board of the Confederation of Swedish Enterprise and the board of the Grocery Manufacturers of Sweden. Holm has a DIMH diploma in marketing from the IHM Business School, Stockholm. Göran Holm will report to CEO Hannu Kottonen.

According to Hannu Kottonen, HKScan's CEO, Göran Holm's main tasks include following through the ongoing development programme and operating model reform in Sweden and Denmark, ensuring significant improvements in profitability and developing the innovation activities, the product offering and brands with the help of healthy and tasty high-quality products.

As announced earlier, director Denis Mattsson will retire at the end of 2012. Magnus Lindholm will continue as director of operative activities of HKScan Sweden.


Other appointments and changes to the management of HKScan

Sirpa Laakso, Executive Vice President, HR, will leave HKScan's employment. A new Executive Vice President, HR, will be appointed at a later date.

Markku Krutsin (48), M.Sc. (Econ.), has been appointed Senior Vice President, Innovation and Technology, at HKScan's Technology & Operations Development as of 1 November 2012. Krutsin joins HKScan from Raisio plc, where he has served as Vice President for Food Division, Northern Europe, since 2007. Earlier during his career he has held various positions in sales and marketing management at Atria in 1990–2007 and in sales management at Metsä-Serla in 1987–1990. Krutsin will report to Aki Laiho, COO responsible for the development of HKScan's technology and production.

Marja-Leena Dahlskog, M.Sc. (Econ.), was appointed Senior Vice President (SVP), Communications of HKScan Group at the beginning of October. She will assume her duties on 3 December 2012.


Composition of the Management Team of HKScan as of 3 December 2012:
Hannu Kottonen, CEO; Aki Laiho, COO responsible for the development of technology and production; Tuomo Valkonen, CFO; Anne Mere, Executive Vice President responsible for the consumer business in Finland and the Baltics; Göran Holm, Executive Vice President responsible for the consumer business in Scandinavia; Jukka Nikkinen, Executive Vice President of the Away from Home Business; and Markku Suvanto, Administrative and Legal Director of HKScan who also acts as the Management Group's secretary.

More detailed introductions of the Management Team Members are available at
www.hkscan.com.


HKScan Corporation

Hannu Kottonen
CEO


For more information, please contact:
CEO Hannu Kottonen, HKScan Corporation. You can ask him to call you back by contacting Marjukka Hujanen, tel. +358 10 570 6218.


HKScan is one of the leading food companies in northern Europe, with home markets in Finland, Sweden, Denmark, the Baltic countries and Poland. HKScan manufactures, sells and markets pork and beef, poultry products, processed meats and convenience foods under strong brand names. Its customers are the retail, food service, industrial and export sectors. In 2011, it had net sales of EUR 2.5 billion and some 11 400 employees.


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