Lassila & Tikanoja Oyj

Major Shareholding Notification • Jul 4, 2017

Disclosure 353588

Lassila & Tikanoja - Major shareholder announcements

Lassila & Tikanoja plc: Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

Lassila & Tikanoja plc

Stock Exhange Release

4 July 2017 2.30 pm

Lassila & Tikanoja has 30.6.2017 received a notification from Kabouter Management, LLC according to which its holding in Lassila & Tikanoja increased above 5 percent on 26.8.2016.

Total positions of Kabouter Management LLC:

	% of shares and voting rights	% of shares and voting rights through financial instruments	Total of both in %	Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached	7.53%		7.53%	38,798,874
Position of previous notification (if applicable)

Notified details of the resulting situation on the date on which the threshold was reached:

Class/type of shares, ISIN code	Number of shares and voting rights	% of shares and voting rights
	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)
FI0009010854		2,923,238		7.53%
*SUBTOTAL A*	2,923,238	7.53%

Information in relation to the person subject to the notification obligation:

Full chain of controlled undertakings through which the voting rights and/or the financial Instruments are effectively held starting with the ultimate controlling natural person or legal entity:

Name	% of shares and voting rights	% of shares and voting rights through financial instrumentes	Total of both:
Kabouter Management, LLC	7.53%		7.53%
International Select Partners, LP	less than 5 %		less than 5 %
CFP (Separately Managed Account II)	less than 5 %		less than 5 %
Kabouter International Opportunities Fund II, LLC	6.99%		6.99%
Kabouter International Mission Fund, LLC	less than 5 %		less than 5 %

For additional information, please contact:

Timo Leinonen, CFO, tel. +358 400 793 073.