Lemminkäinen - Other information disclosed according to the rules of the Exchange

Lemminkäinen Group 2016 comparison data for the updated segment structure

LEMMINKÄINEN CORPORATION      STOCK EXCHANGE RELEASE 3 MARCH 2017 AT 9:30 A.M.

LEMMINKÄINEN GROUP 2016 COMPARISON DATA FOR THE UPDATED SEGMENT STRUCTURE

Lemminkäinen changed its reporting structure on 1 January 2017. As of the
beginning of the year, the Paving segment’s operations in the Baltic countries
were transferred to the Infra projects segment.

Going forward, the Paving segment includes paving and mineral aggregates
businesses in Finland, Sweden, Norway and Denmark. The Infra projects segment
consists of rock engineering and civil engineering in Finland, Sweden and Norway
as well as infrastructure construction in the Baltic countries.

The reportable business segments remain unchanged: Paving; Infra projects;
Building construction, Finland; and Russian operations. The Group parent
company, and other operations and assets unallocated to the segments are
reported as part of the Group’s other operations. The comparative figures have
changed only in the Paving and Infra projects business segments.

The tables below present adjusted comparable figures for 2016 according to the
new segment division. The interim report for January–March 2017 will be
published on 27 April 2017 according to the new structure.

+------------------------------------+---------+--------+--------+--------+
|                                    |1-12/2016|1-9/2016|1-6/2016|1-3/2016|
+------------------------------------+---------+--------+--------+--------+
|Net sales, Group, EUR million       |  1,682.7| 1,205.4|   673.8|   216.8|
+------------------------------------+---------+--------+--------+--------+
|Paving                              |    648.5|   498.5|   230.3|    31.9|
+------------------------------------+---------+--------+--------+--------+
|Infra projects                      |    426.2|   308.3|   181.6|    65.0|
+------------------------------------+---------+--------+--------+--------+
|Building construction, Finland      |    581.2|   385.1|   254.1|   113.1|
+------------------------------------+---------+--------+--------+--------+
|Russian operations                  |     54.5|    39.3|    17.9|     5.8|
+------------------------------------+---------+--------+--------+--------+
|Other operations                    |     30.3|    21.7|    15.0|     7.0|
+------------------------------------+---------+--------+--------+--------+
|Group eliminations                  |    -58.0|   -47.5|   -25.1|    -6.1|
+------------------------------------+---------+--------+--------+--------+
|Depreciation and impairment, Group, |     34.5|    24.9|    13.4|     4.2|
|EUR million                         |         |        |        |        |
+------------------------------------+---------+--------+--------+--------+
|Paving                              |     20.5|    15.3|     7.4|     1.4|
+------------------------------------+---------+--------+--------+--------+
|Infra projects                      |      7.0|     5.3|     3.4|     1.4|
+------------------------------------+---------+--------+--------+--------+
|Building construction, Finland      |      0.1|     0.1|     0.1|     0.0|
+------------------------------------+---------+--------+--------+--------+
|Russian operations                  |      1.0|     0.7|     0.4|     0.1|
+------------------------------------+---------+--------+--------+--------+
|Other operations                    |      5.9|     3.5|     2.2|     1.3|
+------------------------------------+---------+--------+--------+--------+
|Operating profit, Group, EUR million|     67.6|    32.6|   -10.2|   -31.4|
+------------------------------------+---------+--------+--------+--------+
|Paving                              |     20.8|    20.9|    -9.7|   -25.4|
+------------------------------------+---------+--------+--------+--------+
|Infra projects                      |     12.5|     7.6|     0.3|    -3.4|
+------------------------------------+---------+--------+--------+--------+
|Building construction, Finland      |     17.2|     6.5|     3.0|    -0.8|
+------------------------------------+---------+--------+--------+--------+
|Russian operations                  |     -3.8|     0.6|    -1.2|    -0.6|
+------------------------------------+---------+--------+--------+--------+
|Other operations                    |     20.9|    -3.0|    -2.5|    -1.2|
+------------------------------------+---------+--------+--------+--------+
|Operating margin, Group, %          |      4.0|     2.7|    -1.5|   -14.5|
+------------------------------------+---------+--------+--------+--------+
|Paving                              |      3.2|     4.2|    -4.2|   -79.4|
+------------------------------------+---------+--------+--------+--------+
|Infra projects                      |      2.9|     2.5|     0.2|    -5.3|
+------------------------------------+---------+--------+--------+--------+
|Building construction, Finland      |      3.0|     1.7|     1.2|    -0.7|
+------------------------------------+---------+--------+--------+--------+
|Russian operations                  |     -7.0|     1.5|    -6.8|   -10.1|
+------------------------------------+---------+--------+--------+--------+

+------------------------------------+----------+--------+--------+--------+
|                                    |10-12/2016|7-9/2016|4-6/2016|1-3/2016|
+------------------------------------+----------+--------+--------+--------+
|Net sales, Group, EUR million       |     477.3|   531.6|   457.1|   216.8|
+------------------------------------+----------+--------+--------+--------+
|Paving                              |     150.1|   268.2|   198.4|    31.9|
+------------------------------------+----------+--------+--------+--------+
|Infra projects                      |     117.9|   126.7|   116.6|    65.0|
+------------------------------------+----------+--------+--------+--------+
|Building construction, Finland      |     196.0|   131.1|   141.0|   113.1|
+------------------------------------+----------+--------+--------+--------+
|Russian operations                  |      15.2|    21.4|    12.1|     5.8|
+------------------------------------+----------+--------+--------+--------+
|Other operations                    |       8.5|     6.7|     8.0|     7.0|
+------------------------------------+----------+--------+--------+--------+
|Group eliminations                  |     -10.4|   -22.4|   -19.0|    -6.1|
+------------------------------------+----------+--------+--------+--------+
|Depreciation and impairment, Group, |       9.6|    11.5|     9.2|     4.2|
|EUR million                         |          |        |        |        |
+------------------------------------+----------+--------+--------+--------+
|Paving                              |       5.2|     8.0|     6.0|     1.4|
+------------------------------------+----------+--------+--------+--------+
|Infra projects                      |       1.7|     1.9|     1.9|     1.4|
+------------------------------------+----------+--------+--------+--------+
|Building construction, Finland      |       0.0|     0.0|     0.0|     0.0|
+------------------------------------+----------+--------+--------+--------+
|Russian operations                  |       0.3|     0.3|     0.3|     0.1|
+------------------------------------+----------+--------+--------+--------+
|Other operations                    |       2.4|     1.3|     0.9|     1.3|
+------------------------------------+----------+--------+--------+--------+
|Operating profit, Group, EUR million|      35.0|    42.8|    21.2|   -31.4|
+------------------------------------+----------+--------+--------+--------+
|Paving                              |      -0.1|    30.6|    15.6|   -25.4|
+------------------------------------+----------+--------+--------+--------+
|Infra projects                      |       4.9|     7.3|     3.8|    -3.4|
+------------------------------------+----------+--------+--------+--------+
|Building construction, Finland      |      10.7|     3.5|     3.7|    -0.8|
+------------------------------------+----------+--------+--------+--------+
|Russian operations                  |      -4.4|     1.8|    -0.6|    -0.6|
+------------------------------------+----------+--------+--------+--------+
|Other operations                    |      23.9|    -0.5|    -1.3|    -1.2|
+------------------------------------+----------+--------+--------+--------+
|Operating margin, Group, %          |       7.3|     8.0|     4.6|   -14.5|
+------------------------------------+----------+--------+--------+--------+
|Paving                              |       0.0|    11.4|     7.9|   -79.4|
+------------------------------------+----------+--------+--------+--------+
|Infra projects                      |       4.2|     5.7|     3.2|    -5.3|
+------------------------------------+----------+--------+--------+--------+
|Building construction, Finland      |       5.4|     2.7|     2.6|    -0.7|
+------------------------------------+----------+--------+--------+--------+
|Russian operations                  |     -29.2|     8.5|    -5.3|   -10.1|
+------------------------------------+----------+--------+--------+--------+

+-------------------------------+-------+------+------+------+
|Operating capital, EUR million |12/2016|9/2016|6/2016|3/2016|
+-------------------------------+-------+------+------+------+
|Paving                         |  189.0| 194.6| 207.4| 199.4|
+-------------------------------+-------+------+------+------+
|Infra projects                 |   30.3|  27.0|  27.9|  20.6|
+-------------------------------+-------+------+------+------+
|Building construction, Finland |  215.8| 221.1| 246.7| 254.6|
+-------------------------------+-------+------+------+------+
|Russian operations             |   23.7|  31.8|  30.7|  31.0|
+-------------------------------+-------+------+------+------+
|Other operations               |   15.3|   1.6|   6.0|   9.9|
+-------------------------------+-------+------+------+------+
|Total                          |  474.1| 476.0| 518.8| 515.5|
+-------------------------------+-------+------+------+------+
|Items unallocated to segments  |  -85.9| -81.4| -72.4| -65.1|
+-------------------------------+-------+------+------+------+
|Group total                    |  388.2| 394.6| 446.4| 450.4|
+-------------------------------+-------+------+------+------+

+------------------------------+-------+-------+-------+-------+
|Order book, EUR million       |12/2016| 9/2016| 6/2016| 3/2016|
+------------------------------+-------+-------+-------+-------+
|Paving                        |  193.7|  208.3|  345.0|  294.3|
+------------------------------+-------+-------+-------+-------+
|Infra projects                |  271.6|  307.9|  361.3|  353.3|
+------------------------------+-------+-------+-------+-------+
|Building construction, Finland|  698.2|  778.1|  730.2|  775.0|
+------------------------------+-------+-------+-------+-------+
|Russian operations            |  101.7|  112.3|   59.3|   26.4|
+------------------------------+-------+-------+-------+-------+
|Group total                   |1,265.2|1,406.6|1,495.7|1,449.0|
+------------------------------+-------+-------+-------+-------+
|-of which unsold              |  105.7|  128.9|  101.3|  109.4|
+------------------------------+-------+-------+-------+-------+

+--------------------------------------------+-------+------+------+------+
|Personnel at the end of the period, persons |12/2016|9/2016|6/2016|3/2016|
+--------------------------------------------+-------+------+------+------+
|Paving                                      |  1,412| 2,312| 2,328| 1,338|
+--------------------------------------------+-------+------+------+------+
|Infra projects                              |  1,212| 1,381| 1,392| 1,149|
+--------------------------------------------+-------+------+------+------+
|Building construction, Finland              |  1,048| 1,034| 1,087|   967|
+--------------------------------------------+-------+------+------+------+
|Russian operations                          |    425|   453|   439|   308|
+--------------------------------------------+-------+------+------+------+
|Parent company and others                   |    147|   148|   145|   141|
+--------------------------------------------+-------+------+------+------+
|Group total                                 |  4,244| 5,328| 5,391| 3,903|
+--------------------------------------------+-------+------+------+------+

LEMMINKÄINEN CORPORATION
Corporate Communications

ADDITIONAL INFORMATION:
Ilkka Salonen, CFO
Tel. +358 2071 53304
ilkka.salonen@lemminkainen.com

DISTRIBUTION:
Nasdaq Helsinki Ltd
Key media
www.lemminkainen.com

Lemminkäinen is an expert in complex infrastructure construction and building
construction in Northern Europe and one of the largest paving companies in its
market. Together with our customers and 4,700 professionals we employ, we build
a sustainable society. In 2016, our net sales were EUR 1.7 billion. Lemminkäinen
Corporation’s share is quoted on Nasdaq Helsinki Ltd. www.lemminkainen.com