2012-04-04 13:30:00 CEST

2012-04-04 13:30:06 CEST


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Finnish English
Lemminkäinen - Company Announcement

Lemminkäinen wins major paving contracts from Norwegian and Swedish states


LEMMINKÄINEN CORPORATION        STOCK EXCHANGE BULLETIN          4 April 2012,
at 2.30 PM 

LEMMINKÄINEN WINS MAJOR PAVING CONTRACTS FROM NORWEGIAN AND SWEDISH STATES

Lemminkäinen has won EUR 81 million worth of this year's paving contracts from
the Norwegian state. This equates to 29 per cent of the asphalt work contracted
out. Lemminkäinen received 30 paving contracts, with a total asphalt volume of
630,000 tons. An especially good market share was won in Northern and Central
Norway. Contracts for Norway's municipal and private sectors will be put out to
tender later in the spring and summer. 

Lemminkäinen has been in the infrastructure construction business in Norway
since 2001. In 2011, Lemminkäinen's net sales in Norway totalled around EUR 280
million and it employs around 600 people there. 

In Sweden, Lemminkäinen has won EUR 11.5 million worth of paving contracts from
the local traffic authority, Trafikverket. Based on mobile asphalt plants,
these contracts include 130,000 tons of paving and are located in Central and
Northern Sweden. In addition, Lemminkäinen has obtained the right to the Class
1 mineral aggregate zone in the Norrtälje region. Due to its reserves and
location, this zone is of strategic value and serves operations in the
Stockholm region. After 4 years break, Lemminkäinen has returned to Sweden's
paving operations market. 

Nordic infrastructure construction is one of Lemminkäinen's strategic growth
areas. The company intends to increase net sales from infrastructure
construction in Norway, Denmark and Sweden, by a total of about EUR 100 million
in 2012-2013. 

LEMMINKÄINEN CORPORATION
Corporate Communications

MORE INFORMATION:
Executive Vice President, International Operations, Henrik Eklund
Lemminkäinen Corporation
Tel. +358 2071 53313
henrik.eklund@lemminkainen.fi

CFO, Robert Öhman
Lemminkäinen Corporation
Tel. +358 2071 53515
robert.ohman@lemminkainen.fi

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


Lemminkäinen Group operates in all areas of the construction sector. The
Group's operations are organised into four business sectors: 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 a third. The Group employs
8,400 people on average. Lemminkäinen Corporation's share is quoted on NASDAQ
OMX Helsinki Ltd. www.lemminkainen.com