As previously announced Arne Frank has taken over as President and
CEO of AAK (STO:AAK) after Jerker Hartwall. Arne Frank is 52 years old
and holds an MSc in Industrial Management from Linköping Institute of
Technology.

- During a very interesting introduction period, I have been privileged
to meet many key persons in AAK's management and employees within the
various business areas. I have also had the opportunity to meet a large
number of customers, says Arne Frank, President and CEO.

- It has been very valuable for me to acquire this knowledge,
experiences and views before I formally started my work at AAK. It has
been especially important to thoroughly understand the Beliefs &
Behaviours of the company, including the respect for the environment in
which we operate.

The reactions I've received from our customers strongly confirm that our
strategy is right: a strong focus on continued development towards
specialty products. This and a selective acquisition strategy with a
strong balance sheet as a basis will bring AAK forward and ensure a
continued strong development of our profitability, Arne Frank concludes.

In addition to Arne Frank, the following persons constitute the Group
Management:

Anders Byström, Vice President AarhusKarlshamn AB and CFO.
Renald
Mackintosh President Food Ingredients Continental Europe
Ian
McIntosh, President AarhusKarlshamn UK & Americas.
Arne Frank,
Acting President Chocolate & Confectionery Fats, replacement for Jørgen
Balle who left AAK in December 2009.
Bo Svensson, Acting President
Technical Products & Feed, replacement for Magnus Jörsmo who left AAK in
December 2009.

Facts/AAK

AAK is the world’s leading manufacturer of high value-added speciality
vegetable fats. These fats are used as substitutes for butterfat and
cocoa butter substitutes, as transfree solutions for fillings for
chocolate and confectionery products, and in the cosmetic industry and
mother milk replacers. AAK has production facilities in Denmark, the
Netherlands, Mexico, Great Britain, Sweden, Uruguay and the U.S.A. Read
more at www.aak.com.

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