Lemminkäinen - Company Announcement

The regulatory approval process of Lemminkäinen's acquisition in Norway continues

LEMMINKÄINEN CORPORATION STOCK EXCHANGE RELEASE March 31, 2011 at 8.00 a.m.


THE REGULATORY APPROVAL PROCESS OF LEMMINKÄINEN´S ACQUISITION IN NORWAY
CONTINUES 

Lemminkäinen has learned from the Norwegian Competition Authority that they
will continue the regulatory process regarding Lemminkäinen's intention to
acquire Mesta Industri AS. After a preliminary assessment, the Competition
Authority has identified some areas where the acquisition may have negative
impact on competition. Lemminkäinen is now examining the preliminary
assessment. "We know that the regulatory process in Norway is thorough, and now we will
have the opportunity to comment on the preliminary assessment and discuss, if
necessary, potential remedies. We will continue the good cooperation with the
Competition Authority in Norway, and provide them with further information. We
expect a final decision during the second quarter in 2011," says Henrik Eklund,
Executive Vice President, Lemminkäinen's infrastructure construction business
sector. 

On 17 December 2010, Lemminkäinen disclosed its intention to acquire 100% of
the shares of Mesta Industri AS, a Norwegian infrastructure construction
company, from the state-owned Mesta Group. The 2010 net sales of Mesta Industri
were approximately EUR 50 million, and the business has some 170 employees on
average. 

Nordic infrastructure construction is one of Lemminkäinen's strategic growth
areas. Lemminkäinen has been in the paving and mineral aggregates business in
Norway since 2001. 



LEMMINKÄINEN CORPORATION
Corporate Communications


MORE INFORMATION:

Henrik Eklund, Executive Vice President
Infrastructure Construction
Lemminkäinen
Tel. +358 2071 53313

Robert Öhman, CFO
Lemminkäinen Corporation
Tel. +358 2071 53515

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



Lemminkäinen Group operates in all areas of the construction sector. The
Group's business sectors are Building Construction, Infrastructure Construction
and Technical Building Services. Net sales in 2010 were around EUR 2.0 billion,
of which international operations accounted for roughly a quarter. The Group
employs about 8,300 people. Lemminkäinen Corporation's share is quoted on
NASDAQ OMX Helsinki Ltd. www.lemminkainen.fi