Lassila & Tikanoja Oyj

Share Issue/Capital Change • Dec 3, 2009

Disclosure 274356

Lassila & Tikanoja - Corporate Action

LASSILA & TIKANOJA: SHARE SUBSCRIPTION SCHEDULE FOR 2010

LASSILA & TIKANOJA PLC Stock exchange announcement 3 December 2009 10.00 am LASSILA & TIKANOJA: SHARE SUBSCRIPTION SCHEDULE FOR 2010 In 2010, the increases in the share capital on the basis of the subscriptions made pursuant to Lassila & Tikanoja share options will be carried out as follows: -------------------------------------------------------------------------------- | Share subscription | Entry in the Trade | New shares listed | | deadline | Register | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | 29 January | 19 February | 22 February | -------------------------------------------------------------------------------- | 31 May | 11 June | 14 June | -------------------------------------------------------------------------------- | 20 July | 10 August | 11 August | -------------------------------------------------------------------------------- | 20 October | 5 November | 8 November | -------------------------------------------------------------------------------- Pursuant to the outstanding 2005B share options 176,000 shares can be subscribed for. The subscription price is EUR 16.98. The subscription period ends on 31 May 2010. Pursuant to the outstanding 2005C share options 200,000 shares can be subscribed for. The subscription price is EUR 26.87. The subscription period ends on 31 May 2011. The shares shall be subscribed at Evli Bank plc. The shares subscribed for pursuant to the share options will entitle their holder to dividends and other rights conferred by the shares after the increase of the share capital has been registered in the Trade Register. LASSILA & TIKANOJA PLC Heli Pantzar Finance Director For additional information please contact Heli Pantzar, Finance Director, tel. +358 10 636 2884 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 9,100 persons. Net sales in 2008 amounted to EUR 606 million. L&T is listed on NASDAQ OMX Helsinki. Distribution: NASDAQ OMX Helsinki Major media www.lassila-tikanoja.com