Lemminkäinen - Company Announcement

Lemminkäinen considers issuance of a hybrid bond

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR
INTO THE UNITED STATES, CANADA, AUSTRALIA, HONG KONG, SOUTH AFRICA OR JAPAN OR
ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. 

LEMMINKÄINEN CORPORATION    STOCK EXCHANGE RELEASE    4 MARCH 2014 AT 9:30 A.M.

LEMMINKÄINEN CONSIDERS ISSUANCE OF A HYBRID BOND

Lemminkäinen Corporation is considering the issuance of a hybrid bond. The
potential issue is expected to be launched in the near future subject to market
conditions. The targeted minimum size of the issue is EUR 50 million. 

A hybrid bond is an instrument which is subordinated to the company's other
debt obligations and which is treated as equity in the IFRS financial
statements. The hybrid bond does not confer to its holders the rights of a
shareholder and does not dilute the holdings of the current shareholders. 

Nordea Markets acts as the sole lead manager for the transaction.

LEMMINKÄINEN CORPORATION
Corporate Communications


ADDITIONAL INFORMATION:
Robert Öhman, CFO
Tel. +358 2071 53515
robert.ohman@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 experts. 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 

DISCLAIMER
This release is for informational purposes only and is not to be construed as
an offer to purchase or sell, or a solicitation of an offer to purchase or
sell, with respect to any hybrid bond. The distribution of this release and the
related material concerning the issuance of the hybrid bond are prohibited by
law in certain countries. The hybrid bond is not being offered to the public
either inside or outside of Finland. Persons resident outside of Finland may
receive this release and the related hybrid bond documentation only in
compliance with applicable exemptions or restrictions. Persons into whose
possession this release and the related hybrid bond documentation may come are
required to inform themselves about and comply with such restrictions. This
release and the related hybrid bond documentation may not be distributed or
published in any country or jurisdiction or otherwise if to do so would
constitute a violation of the relevant laws of such jurisdiction or would
require actions under the laws of a state or jurisdiction other than Finland,
including the USA, Australia, Canada, Hong Kong, South Africa and Japan. The
information contained herein shall not constitute an offer to sell or tender,
or a solicitation of an offer to buy or sell the hybrid bond to any persons in
any jurisdiction in which such offer, solicitation or sale or tender would be
unlawful. Lemminkäinen's representatives assume no legal responsibility for
such violations, regardless of whether the parties contemplating investing in
the hybrid bond are aware of these restrictions or not. Lemminkäinen's hybrid
bond will not be registered under the US Securities Act of 1933, nor under any
securities legislation of any state in the United States, and it may not be
offered, sold, resold, donated, delivered, distributed, bought or transferred
in the United States or to US citizens or on behalf of US citizens, except
pursuant to an exemption from the registration requirements of the Securities
Act of 1933 and any applicable state law legislation.