Lassila & Tikanoja - Company Announcement

LASSILA & TIKANOJA'S FULL-YEAR RESULT TO BE SLIGHTLY LOWER THAN ANTICIPATED

LASSILA & TIKANOJA PLC   Stock exchange release   18 October 2010 4.40 pm       

LASSILA & TIKANOJA'S FULL-YEAR RESULT TO BE SLIGHTLY LOWER THAN ANTICIPATED     

The full-year operating profit excluding non-recurring items is estimated to be 
slightly lower than in the previous year. Previously the company estimated that 
the full-year financial performance will remain at the same level as in 2009.   

Full-year net sales are estimated to remain at the 2009 level as estimated      
previously.                                                                     

The performance is burdened by the increase in the costs generated by the       
introduction of renewed production line in Kerava recycling plant and the weak  
demand for wood-based biofuels.                                                 

Lassila & Tikanoja's operating profit excluding non-recurring items for the     
third quarter was EUR 16.8 million (Q3/2009: EUR 16.6 million).                 

Interim report for the period 1 January - 30 September 2010 will be released on 
26 October at 8.00 am.                                                          

LASSILA & TIKANOJA PLC                                                          

Jari Sarjo                                                                      
President and CEO                                                               


For additional information, please contact Jari Sarjo, President and CEO, tel.  
+358 10 636 2810, or 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 8,700 persons. Net sales in 2009 amounted to EUR 
582 million. L&T is listed on NASDAQ OMX Helsinki.                              

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