OLVI PLC                RELEASE 7 FEB 2005 at 3.00 pm         1 of 1


PRELIMINARY INFORMATION ON OLVI GROUP EARNINGS 2004

According to preliminary information, Olvi Group’s net sales
increased by approximately 12 percent in 2004 and are estimated to be
128 million euro (114 million euro in 2003).

The operating profit will be approximately 8 million euro, which is
in line with the 2003 level.

Profit for the year is estimated to be 2.9 (4.2) million euro. The
fourth quarter’s earnings are burdened by foreign exchange losses in
our Latvian subsidiary A/S Cesu Alus, owing to the weakened exchange
rate of the dollar and the linking of the Latvian lat to the euro at
the year-end 2004.

Olvi Group’s final earnings for 2004 will be published on 24 February
2005.

The preliminary information is unaudited and not based on any
financial statements approved by the Board of Directors.


Lasse Aho
Managing Director

Phone +358 17 838 5200




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http://www.olvi.fi