Fazer Amica AB: appoints new managing director

Helsinki / FI. (fg) Gunilla Rittgård (48), LL.M., B.Sc. (Econ. + Bus. Adm.), has been appointed as managing director of Fazer Amica Sweden, effective from November 03, 2008. She will join the company from LFV (the Swedish civil aviation administration), where she has been manager of Gothenburg´s Landvetter airport since 2006. Rittgård has considerable experience in financial administration and working as a managing director, and has been on the Board of Directors of various companies in the catering and office services sectors, including Gate Gourmet, SAS Service Partner, Celero Support and Coor Service Management Production. Fazer Amica Sweden´s current managing director Ben Manell will retire as planned at the end of January 2009.

About Fazer Sweden: The Finnish Fazer Group, including the Fazer Bageri and Fazer Amica divisions, has extensive operations in Sweden, where Fazer currently has around 2’400 employees and annual sales of around 2,1 billion SEK (224 million EUR). Now these operations will be expanded with the new Fazer Confectionery division. Fazer Confectionery´s pro forma sales amount to 2’407 million SEK (257 million EUR). The future company will have a market share of 42 percent in Finland and 9,6 percent in Sweden.