Lassila & Tikanoja sold today its holding in the shares of Ekokem Oy Ab to Ilmarinen Mutual Pension Insurance Company. The Board of Directors of Ekokem has committed itself to recording the buyer in the company's list of shares and shareholders. Lassila & Tikanoja had obtained possession of the shares over a period of several years and they no longer had any connection to the business operations of the company. A tax-free capital gain arising from the sale will be recognised in the financial statements for the first quarter of the year 2008. The positive effect of the sale on the operating profit and the profit for the period will be EUR 14.3 million. LASSILA & TIKANOJA PLC Jari Sarjo President and CEO For further information, please contact Jari Sarjo, President and CEO, tel. +358 10 636 2810.