LASSILA & TIKANOJA PLC CORPORATE ACTION 30 DECEMBER 2008 13.00 Trading in Lassila & Tikanoja plc 2005B share option rights issued in 2005 will commence on the NASDAQ OMX Helsinki on 2 January 2009. Each share option entitles its holder to subscribe for one (1) share of Lassila & Tikanoja plc (LAT1V). Pursuant to the 2005B share options a maximum of 176,000 Lassila & Tikanoja plc shares can be subscribed for. As a result of these subscriptions, the share capital may increase by a maximum of EUR 88,000. The subscription price per share is EUR 16.98. A total of 200,000 2005B share options were issued, but 24,000 options are possessed by L&T Advance Oy and they will not be used for share subscriptions. The subscription period for the 2005B share option rights began on 3 November 2008 and will end on 31 May 2010. Basic information on Lassila & Tikanoja plc 2005B share options: Trading code: LAT1VEW205 ISIN code: FI0009618383 Exchange ratio: 1 (LAT1VEW205): 1 (LAT1V) Lassila & Tikanoja 2005B share options shall be subscribed at Evli Bank plc. In 2009, the increases in the share capital on the basis of the subscriptions are intended to be carried out according to the following schedule: -------------------------------------------------------------------------------- | Share subscription | Entry in the Trade | New shares listed | | deadline | Register | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | 29 January | 19 February | 20 February | -------------------------------------------------------------------------------- | 29 May | 11 June | 12 June | -------------------------------------------------------------------------------- | 20 July | 10 August | 11 August | -------------------------------------------------------------------------------- | 20 October | 5 November | 6 November | -------------------------------------------------------------------------------- The shares shall entitle their holders to a dividend once the increase in the share capital has been entered in the Trade Register. LASSILA & TIKANOJA PLC Heli Pantzar Finance Director APPENDIX ORIGINAL TERMS AND CONDITIONS OF OPTION SCHEME 2005 For additional information please contact Heli Pantzar, Finance Director, tel. +358 10 636 2884 Distribution: NASDAQ OMX Helsinki Major media www.lassila-tikanoja.com
LASSILA & TIKANOJA 2005B SHARE OPTIONS TO BE LISTED ON 2 JANUARY 2009
| Source: Lassila & Tikanoja Oyj