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ATRIA LITHELLS AB TO RAISE ITS PRODUCT PRICES

9.12.2004 10:11
ATRIA'S SWEDISH SUBSIDIARY ATRIA LITHELLS AB TO RAISE ITS PRODUCT PRICES AS A
RESULT OF THE SHARP INCREASE IN THE PRICE OF RAW MATERIALS

Atria Lithells AB is a subsidiary of Lithells AB which is owned by Atria Group
plc. The company, which produces processed meat products and convenience foods,
is to raise its product prices to compensate for the increase in the price of raw
materials. In particular, the prices of both pork selections used in sausage
production and beef selections used in minced meat production have increased.

The results for the whole of Lithells AB and its subsidiary Atria Lithells AB
have been good during the first three quarters of this year. During the last
quarter the sharp increase in the price of raw materials has dramatically raised
production expenses. To compensate for the negative effect of these price
increases, Atria Lithells AB, in accordance with supplier contracts, already
informed its customers in September about the need to increase prices. The new
prices will come into effect in December 2004 and in January 2005. The following
possible price increases will be announced to customers according to future
changes in the price of raw materials.

Due to the level of price competition in the retail business, customers of Atria
Lithells AB are strongly against the raised prices. To adjust its operations to
any possible decrease in sales volume following the increase in prices, Atria
Lithells AB, in accordance with the Swedish Act on Co-determination, is to start
MBL negotiations on 21 December 2004. The number of personnel involved in the
negotiations cannot yet be estimated.

In general the results of the Atria Group have been positive during the last
quarter. The final result of the Atria Group this year will be significantly
better than in the previous year.


ATRIA GROUP PLC

Seppo Paatelainen
President

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