LASSILA & TIKANOJA: SHARES SUBSCRIBED FOR PURSUANT TO SHARE

LASSILA & TIKANOJA PLC      CORPORATE ACTION      29 JULY 2008  8.00 am

LASSILA & TIKANOJA: SHARES SUBSCRIBED FOR PURSUANT TO SHARE OPTIONS

Pursuant to the 2005A share options issued in 2005, 2,000 new shares were
subscribed for after the previous entry in the Trade Register on 14 February
2008. The share subscription price is EUR 14.22. 

As a result of these subscriptions, the company's registered share capital will
increase by EUR 1,000 to EUR 19,399,437 and the number of the shares will
increase to 38,798,874 shares. 

The increase of the share capital should be entered in the Trade Register on 7
August 2008. The new shares should be available for public trading on OMX
Nordic Exchange Helsinki on 8 August 2008 together with the existing shares. 

A total of 170,000 2005A share options were issued. 162,000 options have been
granted to key persons of the company. Until now, a total of 14,500 shares have
been subscribed for. Pursuant to the remaining outstanding 2005A share options
a maximum of 147,500 shares can be subscribed for. The subscription period will
end on 29 May 2009. 

The Board of Directors of Lassila & Tikanoja plc will approve share
subscriptions made pursuant to the share options next time on 27 October 2008. 


LASSILA & TIKANOJA PLC


Sirkka Tuomola
Vice President and CFO


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


Lassila & Tikanoja specialises in environmental management and property and
plant support services. L&T is operative in Finland, Sweden, Latvia, Russia and
Norway. Net sales in 2007 amounted to 555 million euro. L&T employs 10000
persons, 2400 of which are located outside Finland. L&T's shares are listed on
OMX Nordic Exchange Helsinki. 


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