Lemminkäinen - Company Announcement

Lemminkäinen completes the divestment of technical building services business and announces a change in its Executive Team

LEMMINKÄINEN CORPORATION   STOCK EXCHANGE RELEASE  13 JUNE 2014 AT 4:30 P.M

LEMMINKÄINEN COMPLETES THE DIVESTMENT OF TECHNICAL BUILDING SERVICES BUSINESS
AND ANNOUNCES A CHANGE IN ITS EXECUTIVE TEAM 

Lemminkäinen has today concluded the sale of its technical building services
business to Are Group. The share purchase agreement for all outstanding shares
in Lemminkäinen Talotekniikka Oy between Lemminkäinen and Are was signed on 14
May 2014. The transaction has been approved by the Finnish Competition and
Consumer Authority, as disclosed previously. The debt and cash free purchase
price is EUR 60 million. From the sale, Lemminkäinen will book approximately
EUR 25 million in capital gain in the second quarter of the year. 

The ownership of Lemminkäinen's technical building services business was
transferred to Are today. At the same time, Marcus Karsten, Executive Vice
President, Technical Building Services, Finland, leaves his position as a
member of Lemminkäinen Group's Executive Team. 

Lemminkäinen has published stock exchange releases concerning the transaction
on 14 May 2014 and 3 June 2014. 

LEMMINKÄINEN CORPORATION
Corporate Communications


ADDITIONAL INFORMATION:
Ilkka Salonen, CFO
Tel. +358 2071 54524
ilkka.salonen@lemminkainen.com

DISTRIBUTION:
NASDAQ OMX Helsinki
Key media
www.lemminkainen.com


Together with our customers we create conditions that make living, working and
travelling functional, safe and healthy. We operate in northern Europe and
employ about 7,800 professionals. In 2013, our net sales were about EUR 2.2
billion. Lemminkäinen Corporation's share is quoted on NASDAQ OMX Nordic
Exchange Helsinki. www.lemminkainen.com