ANNOUNCEMENT PURSUANT TO CHAPTER 2 SECTION 10 OF THE SECURITIES MARKETS ACT; ILMARINEN'S HOLDING EXCEEDS 10%


LASSILA & TIKANOJA PLC MAJOR SHAREHOLDERS ANNOUNCEMENT 21 MAY 2008 9.00 am 

Lassila & Tikanoja plc has received an announcement pursuant to section 9,
chapter 2, of the Securities Markets Act from Ilmarinen Mutual Pension
Insurance Company, announcing that its holding of the shares and votes in
Lassila & Tikanoja plc has exceeded the threshold of 10%. 

Issuer of shares and its business ID: Lassila & Tikanoja plc, 1680140-0

Complete name and business ID of the shareholder: Ilmarinen Mutual Pension
Insurance Company, 0107638-1 

Date of exceeding the threshold: 20 May 2008

Current holding of Ilmarinen Mutual Pension Insurance Company:
Number of Lassila & Tikanoja plc shares 4,152,700
Percentage of shares and votes 10.70%

The registered number of the Lassila & Tikanoja plc shares is 38,796,874
shares, which entitle to a total of 38,796,874 votes. 

LASSILA & TIKANOJA PLC

Sirkka Tuomola
Vice President and CFO


For additional information please contact Sirkka Tuomola, Vice President and
CFO, tel. +358 10 636 2883. 


Distribution
OMX Nordic Exchange Helsinki
Major media
www.lassila-tikanoja.com