Lemminkäinen - Company Announcement

Lemminkäinen to build two new office building at Töölönlahti, Helsinki

LEMMINKÄINEN CORPORATION STOCK EXCHANGE RELEASE  1 June 2011 at 1:10 p.m.

LEMMINKÄINEN TO BUILD TWO NEW OFFICE BUILDINGS AT TÖÖLÖNLAHTI, HELSINKI

Lemminkäinen will build two new office buildings at Töölönlahti in downtown
Helsinki. The client is Etera Mutual Pension Insurance Company. These new
office buildings will have a total gross floor area of approx. 30,000 m², and
Lemminkäinen's projects will total over EUR 100 million in value. 

Construction work on houses located between the railway line and Finlandia Hall
will begin in the spring of 2012. This will be completed by the spring of 2014.
Architectural competitions for the new projects have been launched, with the
results expected in the autumn. 

As well as constructing the houses, Lemminkäinen will be responsible for
leasing the finished premises. One of the new houses has already been leased in
full to KPMG Oy Ab and negotiations are underway on the future occupants of the
other. The sale of the new plots by Senate Properties to Etera Mutual is
subject to parliamentary approval. 

In May 2010, Lemminkäinen announced that it would build an office building for
Etera in the same area. The principal tenant of that building will be Alma
Media Oyj. The Alma Media office building, to be completed in 2012, was
designed by JKMM Architects and construction began in the spring of 2011. 

LEMMINKÄINEN CORPORATION
Corporate Communications


MORE INFORMATION:
President & CEO Timo Kohtamäki
Lemminkäinen Corporation
Tel. +358 2071 53263
timo.kohtamaki@lemminkainen.fi

DISTRIBUTION:
NASDAQ OMX Helsinki Ltd
Major 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.com