LASSILA & TIKANOJA: SHARES SUBSCRIBED FOR PURSUANT TO SHARE OPTIONS


LASSILA & TIKANOJA PLC      STOCK EXCHANGE ANNOUNCEMENT         6 FEBRUARY 2007



LASSILA & TIKANOJA: SHARES SUBSCRIBED FOR PURSUANT TO SHARE OPTIONS

Pursuant to the 2002C share options issued in 2002, 21,545 new shares were
subscribed for after the previous entry in the Trade Register on 16 November
2006. 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 10,772.50 to EUR 19,274,859.50 and the number of the shares will
increase to 38,549,719 shares.

The increase of the share capital should be entered in the Trade Register on 14
February 2007. The new shares should be available for public trading on the
Helsinki Stock Exchange on 15 February 2007 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 39,245 shares
have been subscribed for. Pursuant to the remaining outstanding 2002C share
options a maximum of 234,755 shares can be subscribed for. The subscription ends
on 30 October 2007.

The Board of Directors of Lassila & Tikanoja plc will approve share
subscriptions made pursuant to the share options next time on 3 May 2007.

LASSILA & TIKANOJA PLC

Sirkka Tuomola
Vice President and CFO


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