Lassila & Tikanoja Oyj

Board/Management Information • Mar 22, 2011

Disclosure 285724

Lassila & Tikanoja - Changes board/management/auditors

Change in Lassila & Tikanoja's management

Helsinki, Finland, 2011-03-22 08:00 CET (GLOBE NEWSWIRE) -- Lassila & Tikanoja plc Stock exchange release 22 March 2011 9.00 am M.Sc. (Econ.) Ville Rantala has been appointed as Managing Director of L&T Biowatti Oy and Vice President, Renewable Energy Sources division, as of 22 March 2011. Rantala will also continue as CFO of Lassila & Tikanoja plc. He will report to Jari Sarjo, President and CEO. Tomi Salo, Managing Director of L&T Biowatti, will not continue in the company. As of 22 March 2011, the members of the Group Executive Board are: - Jari Sarjo, President and CEO - Jorma Mikkonen, Vice President, Environmental Services - Inkeri Puputti, HR Director - Ville Rantala, CFO, Vice President, Renewable Energy Sources - Juha Simola, Vice President, Property Maintenance - Henri Turunen, Vice President, Cleaning and Office Support Services LASSILA & TIKANOJA PLC Jari Sarjo President and CEO For additional information, please contact 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 8,700 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