Lassila & Tikanoja Oyj

Board/Management Information • Dec 16, 2011

Disclosure 295964

Lassila & Tikanoja - Changes board/management/auditors

Change in Lassila & Tikanoja’s management

Helsinki, Finland, 2011-12-16 12:00 CET (GLOBE NEWSWIRE) -- Lassila & Tikanoja plc Stock exchange release 16 December 2011 1.00 pm Tuomas Mäkipeska (M.Sc. Econ.) has been appointed Business Development Director and Group Executive of Lassila & Tikanoja plc as of 16 February 2012, at the latest. Tuomas Mäkipeska (born in 1978) has previously worked as a management consultant in Deloitte Finland's Strategy & Operations consulting since 2005, specialising in customer and market strategy. He was responsible for pricing and profitability management consulting. Mäkipeska reports to the President and CEO Pekka Ojanpää. LASSILA & TIKANOJA PLC Pekka Ojanpää President and CEO For additional information, please contact Pekka Ojanpää, President and CEO, tel. +358 10 636 2810. 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 10,000 persons. Net sales in 2010 amounted to EUR 598 million. L&T is listed on NASDAQ OMX Helsinki. Distribution: NASDAQ OMX Helsinki Major media www.lassila-tikanoja.com