Lassila & Tikanoja - Corporate Action

SHARES SUBSCRIBED FOR PURSUANT TO SHARE OPTIONS

Pursuant to the 2002C share options issued in 2002, 35,539 new shares were      
subscribed for after the previous entry in the Trade Register on 15 May 2007.   
The share subscription price is EUR 11.46 per share.                            

As a result of these subscriptions, the company's registered share capital will 
increase by EUR 17,769.50 to EUR 19,375,814.50 and the number of the shares will
increase to 38,751,629 shares.                                                  

The increase of the share capital should be entered in the Trade Register on 9  
August 2007. The new shares should be available for public trading on OMX Nordic
Exchange in Helsinki on 10 August together with the existing shares.            

A total of 280,000 2002C share options have been issued. A total of 274,000     
options have been granted to key persons. Until now, a total of 241,155 shares  
have been subscribed for. Pursuant to the remaining outstanding 2002C share     
options a maximum of 32,845 shares can be subscribed for.                       

The subscription period for 2002C share options ends on 30 October 2007. The    
Board of Directors of Lassila & Tikanoja plc will approve share subscriptions   
made no later than on 30 October on 8 November 2007.                            

LASSILA & TIKANOJA PLC                                                          

Sirkka Tuomola                                                                  
Vice President and CFO                                                          


For additional information please contact Sirkka Tuomola, tel +358 10 636 2883.