Lemminkäinen - Company Announcement

Lemminkäinen issues EUR 70 million hybrid bond

LEMMINKÄINEN CORPORATION         STOCK EXCHANGE RELEASE   23.3.2012 at 1.00 PM


LEMMINKÄINEN ISSUES EUR 70 MILLION HYBRID BOND

Lemminkäinen Corporation issues a EUR 70 million domestic hybrid bond. The
coupon rate of the bond is 10 % per annum. The bond has no maturity but the
company may exercise an early redemption option after four years. The hybrid
bond issue will strengthen Lemminkäinen's capital structure and financial
position. 

A hybrid bond is an instrument which is subordinated to the company's other
debt obligations and which is treated as equity in the IFRS financial
statements. Hybrid bonds do not confer to their holders the right to vote at
shareholder meetings and do not dilute the holdings of the current
shareholders. 

Nordea Markets acted as Coordinator and Nordea Markets and Pohjola Markets
jointly as bookrunners in the transaction. 

LEMMINKÄINEN CORPORATION
Corporate Communications

MORE INFORMATION:
CFO Robert Öhman
Lemminkäinen Corporation
Tel. +358 2071 53515

DISTRIBUTION:
NASDAQ OMX Helsinki
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, technical building services and international operations. Net
sales in 2011 were about EUR 2.3 billion, of which international operations
accounted for roughly one third. The Group employs an average of 8,400 people.
Lemminkäinen Corporation's share is quoted on NASDAQ OMX Nordic Exchange
Helsinki. www.lemminkainen.com