Lassila & Tikanoja - Company Announcement

LASSILA & TIKANOJA: SHARE SUBSCRIPTION SCHEDULE FOR 2011

LASSILA & TIKANOJA PLC   Stock exchange release   29 October 2010 9.00 am       


LASSILA & TIKANOJA: SHARE SUBSCRIPTION SCHEDULE FOR 2011                        

In 2011, shares subscribed for pursuant to the 2005C and 2008 share options are 
intended to be registered as follows:                                           

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| Share subscription         | Entry in the Trade       | New shares listed    |
| deadline                   | Register                 |                      |
--------------------------------------------------------------------------------
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| 27 January                 | 11 February              | 14 February          |
--------------------------------------------------------------------------------
| 31 May                     | 10 June                  | 13 June              |
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| 19 July                    | 4 August                 | 5 August             |
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| 18 October                 | 3 November               | 4 November           |
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Pursuant to the outstanding 2005C share options 200,000 shares can be subscribed
for. The subscription price is EUR 26.87. The subscription period ends on 31 May
2011. The shares shall be subscribed at Evli Bank plc.                          

Pursuant to the outstanding 2008 share options 168,000 shares can be subscribed 
for. The subscription price is EUR 16.27. The subscription period ends on 31 May
2012. The shares shall be subscribed at Nordea Bank Finland plc.                

The shares will entitle their holder to dividends and other rights conferred by 
the shares on the date of registration.                                         


LASSILA & TIKANOJA PLC                                                          


Ville Rantala                                                                   
CFO                                                                             


For additional information, please contact Keijo Keränen, Head of Treasury & IR,
tel. +358 50 385 6957.                                                          

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