LASSILA & TIKANOJA PLC Stock exchange announcement 25 January 2010 9.00 am LASSILA & TIKANOJA CONCLUDED PERSONNEL NEGOTIATIONS Lassila & Tikanoja has concluded statutory employer-employee negotiations which began on 8 December 2009. As a result of these negotiations, L&T will reduce 110 salaried employee positions in Finland. The reductions will be realised partly through natural attrition. The number of redundancies is expected to be 95 at the maximum, consisting of 80 salaried employees and 15 senior salaried employees. The reductions form part of the measures currently undertaken in order to reduce fixed costs and to adapt business activities to meet current and future market situation. Employees affected by the reduction are being supported by L&T in various ways. New tasks within the company are actively being sought for persons concerned. Additional support is being provided in the form of relocations and job-seeking training. LASSILA & TIKANOJA PLC Jari Sarjo President and CEO For additional information please contact Mr. Ville Rantala, CFO, tel. +358 50 385 1442 Lassila & Tikanoja specialises in environmental management and property and plant support services and is a leading supplier of wood-based biofuels, recovered fuels and recycled raw materials. With operations in Finland, Sweden, Latvia and Russia, L&T employs 9,100 persons. Net sales in 2008 amounted to EUR 606 million. L&T is listed on NASDAQ OMX Helsinki. Distribution: NASDAQ OMX Helsinki Major media www.lassila-tikanoja.com