Lassila & Tikanoja Oyj

Earnings Release • Jul 22, 2008

Disclosure 260462

Lassila & Tikanoja - Company Announcement

LASSILA & TIKANOJA'S FULL-YEAR RESULT TO BE SOMEWHAT LOWER THAN ANTICIPATED

LASSILA & TIKANOJA PLC COMPANY ANNOUNCEMENT 22 JULY 2008 9.55 am The full-year operating profit excluding non-recurring and imputed items is estimated to be somewhat lower than in the previous year. Previously the company estimated that the full-year financial performance will remain at the same level as in the previous year. The performance is burdened by general increase in costs and especially the rise in fuel prices, which will be transferred to sales prices with a delay. Lassila & Tikanoja's operating profit excluding non-recurring and imputed items for the second quarter was EUR 11.3 million (2007: EUR 13.8 million). Interim report for the period 1 January - 30 June 2008 will be released on 29 July at 8.00 am. LASSILA & TIKANOJA PLC Jari Sarjo President and CEO For additional information please contact Jari Sarjo, President and CEO, tel. +358 10 636 2810, and IR Manager Keijo Keränen, tel. +358 50 385 6957 Lassila & Tikanoja specialises in environmental management and property and plant support services. L&T is operative in Finland, Sweden, Latvia, Russia and Norway. Net sales in 2007 amounted to 555 million euro. L&T employs 9500 persons, 2400 of which are located outside Finland. L&T's shares are listed on OMX Nordic Exchange Helsinki. Distribution OMX Nordic Exchange Helsinki Major media www.lassila-tikanoja.com