Lassila & Tikanoja Oyj

Report Publication Announcement • Oct 18, 2010

Disclosure 281735

Lassila & Tikanoja - Company Announcement

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

LASSILA & TIKANOJA PLC Stock exchange release 18 October 2010 4.40 pm LASSILA & TIKANOJA'S FULL-YEAR RESULT TO BE SLIGHTLY LOWER THAN ANTICIPATED The full-year operating profit excluding non-recurring items is estimated to be slightly lower than in the previous year. Previously the company estimated that the full-year financial performance will remain at the same level as in 2009. Full-year net sales are estimated to remain at the 2009 level as estimated previously. The performance is burdened by the increase in the costs generated by the introduction of renewed production line in Kerava recycling plant and the weak demand for wood-based biofuels. Lassila & Tikanoja's operating profit excluding non-recurring items for the third quarter was EUR 16.8 million (Q3/2009: EUR 16.6 million). Interim report for the period 1 January - 30 September 2010 will be released on 26 October 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, or 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 2009 amounted to EUR 582 million. L&T is listed on NASDAQ OMX Helsinki. Distribution: NASDAQ OMX Helsinki Major media www.lassila-tikanoja.com