Oriola-KD Oyj: Changes in Oriola-KD's Group Management Team

Oriola-KD Corporation Stock Exchange Release 22 December 2011 at 11.00 am

Lars Birkeland M.Sc. (Econ.) (b. 1964) has been appointed Managing Director of Kronans Droghandel Apotek AB and member of Oriola-KD's Group Management Team as of 9 January 2012. Mr. Birkeland has previously served as Managing Director of the Norwegian Apotek 1 pharmacy chain, and he has 11 years' experience from the pharmaceutical retail and wholesale businesses within the Tamro Group. Lars Birkeland also has over 10 years of retail experience from the USA.  

The acting Managing Director of Kronans Droghandel Jonas Levin will assume the responsibility for marketing, assortment and purchasing operations at Kronans Droghandel.

Kronans Droghandel Apotek AB is a jointly owned company of Oriola-KD and KF (Kooperativa Förbundet). Oriola-KD has 80 per cent and KF 20 per cent ownership
of the pharmacy company.

Oriola-KD Corporation

Eero Hautaniemi
President and CEO

Kimmo Virtanen
Executive Vice President and CFO

Further information:

Eero Hautaniemi
President and CEO
Tel. [phone]
Email: [e-mail]

Pellervo Hämäläinen
Vice President, Communications and IR
Tel. [phone]
Email: [e-mail]

Distribution:
NASDAQ OMX Helsinki Ltd.
Key media

Released by:
Oriola-KD Corporation
Corporate Communications
Orionintie 5
FI-02200 Espoo, Finland
www.oriola-kd.com

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Source: Oriola-KD Oyj via Thomson Reuters ONE

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