Lassila & Tikanoja - Corporate Action

LASSILA & TIKANOJA: SHARE SUBSCRIPTION SCHEDULE FOR 2010

LASSILA & TIKANOJA PLC Stock exchange announcement 3 December 2009 10.00 am     


LASSILA & TIKANOJA: SHARE SUBSCRIPTION SCHEDULE FOR 2010                        

In 2010, the increases in the share capital on the basis of the subscriptions   
made pursuant to Lassila & Tikanoja share options will be carried out as        
follows:                                                                        


--------------------------------------------------------------------------------
| Share subscription         | Entry in the Trade       | New shares listed    |
| deadline                   | Register                 |                      |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| 29 January                 | 19 February              | 22 February          |
--------------------------------------------------------------------------------
| 31 May                     | 11 June                  | 14 June              |
--------------------------------------------------------------------------------
| 20 July                    | 10 August                | 11 August            |
--------------------------------------------------------------------------------
| 20 October                 | 5 November               | 8 November           |
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Pursuant to the outstanding 2005B share options 176,000 shares can be subscribed
for. The subscription price is EUR 16.98. The subscription period ends on 31 May
2010.                                                                           

Pursuant to the outstanding 2005C share options 200,000 shares can be subscribed
for. The subscription price is EUR 26.87. The subscription period ends on 31 May
2011.                                                                           

The shares shall be subscribed at Evli Bank plc.                                

The shares subscribed for pursuant to the share options will entitle their      
holder to dividends and other rights conferred by the shares after the increase 
of the share capital has been registered in the Trade Register.                 


LASSILA & TIKANOJA PLC                                                          

Heli Pantzar                                                                    
Finance Director                                                                


For additional information please contact Heli Pantzar, Finance Director,       
tel. +358 10 636 2884                                                           


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