Lassila & Tikanoja Oyj

Major Shareholding Notification • Mar 26, 2008

Disclosure 256962

Lassila & Tikanoja - Major shareholder announcements

ANNOUNCEMENT PURSUANT TO CHAPTER 2 SECTION 10 OF THE SECURITIES MARKETS ACT; VARMA'S HOLDING FALLS BELOW 5%

LASSILA & TIKANOJA PLC MAJOR SHAREHOLDERS ANNOUNCEMENT 26 MARCH 2008 Lassila & Tikanoja plc has received today an announcement pursuant to section 9, chapter 2, of the Securities Markets Act from Varma Mutual Pension Insurance Company, announcing that its current holding of the shares and votes in Lassila & Tikanoja plc has fallen below the threshold of 5%. Issuing company and its business ID: Lassila & Tikanoja plc, 1680140-0 Complete name and business ID of the shareholder: Varma Mutual Pension Insurance Company, 0533297-9 Basis of announcement: Transfer of shares Date of transaction and falling below the threshold: 25 March 2008 Below threshold: 1/20 (5%) of shares and votes Holding of Varma Mutual Pension Insurance Company Before change in holding: Number of Lassila & Tikanoja plc shares 2,252,560 Percentage of shares and votes 5.81% Current holding: Number of Lassila & Tikanoja plc shares 1,752,560 Percentage of shares and votes 4.52% The registered number of the Lassila & Tikanoja plc shares is 38,796,874 shares, which entitle to a total of 38,796,874 votes. LASSILA & TIKANOJA PLC Sirkka Tuomola Vice President and CFO For additional information please contact Sirkka Tuomola, Vice President and CFO, tel. +358 10 636 2883. Distribution OMX Nordic Exchange Helsinki Major media www.lassila-tikanoja.com