Lassila & Tikanoja - Company Announcement

LASSILA & TIKANOJA CONTINUES TO IMPROVE EFFICIENCY

LASSILA & TIKANOJA PLC	Stock exchange announcement    
1 December 2009   11.30 am


LASSILA & TIKANOJA CONTINUES TO IMPROVE EFFICIENCY 

Lassila & Tikanoja will start statutory employer-employee negotiations in order
to improve efficiency and adapt its business operations to meet current and
future market situation. The focal points of the negotiations are the reduction
of fixed costs and more efficient working practices. With these actions L&T
aims at maintaining its competitiveness also in the future. 

The negotiations concern white-collar employees in Finland. They do not concern
the personnel of the jointly owned companies (L&T Biowatti, L&T Recoil, L&T
Muoviportti). According to present assessments, potential measures may involve
120 persons. The measures are expected to be implemented during the year 2010. 

LASSILA & TIKANOJA PLC

Jari Sarjo
President and CEO


For additional information please contact Ville Rantala, CFO, tel. +358 50 385
1442 

Lassila & Tikanoja specialises in environmental management and property and
plant support services and is a leading supplier of wood-based biofuels,
recovered fuels and recycled raw materials. With operations in Finland, Sweden,
Latvia and Russia, L&T employs 9,100 persons. Net sales in 2008 amounted to EUR
606 million. L&T is listed on NASDAQ OMX Helsinki. 

Distribution: 
NASDAQ OMX Helsinki
Major media
www.lassila-tikanoja.com