Lassila & Tikanoja - Company Announcement

LASSILA & TIKANOJA CONCLUDED PERSONNEL NEGOTIATIONS

LASSILA & TIKANOJA PLC  Stock exchange announcement  25 January 2010 9.00 am 

LASSILA & TIKANOJA CONCLUDED PERSONNEL NEGOTIATIONS                             

Lassila & Tikanoja has concluded statutory employer-employee negotiations which 
began on 8 December 2009. As a result of these negotiations, L&T will reduce 110
salaried employee positions in Finland. The reductions will be realised partly  
through natural attrition. The number of redundancies is expected to be 95 at   
the maximum, consisting of 80 salaried employees and 15 senior salaried         
employees.                                                                      

The reductions form part of the measures currently undertaken in order to reduce
fixed costs and to adapt business activities to meet current and future market  
situation.                                                                      

Employees affected by the reduction are being supported by L&T in various ways. 
New tasks within the company are actively being sought for persons concerned.   
Additional support is being provided in the form of relocations and job-seeking 
training.                                                                       

LASSILA & TIKANOJA PLC                                                          

Jari Sarjo                                                                      
President and CEO                                                               

For additional information please contact Mr. 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                                                                     
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