Lassila & Tikanoja Oyj

Share Issue/Capital Change • Oct 29, 2010

Disclosure 282065

Lassila & Tikanoja - Company Announcement

LASSILA & TIKANOJA: SHARE SUBSCRIPTION SCHEDULE FOR 2011

LASSILA & TIKANOJA PLC Stock exchange release 29 October 2010 9.00 am LASSILA & TIKANOJA: SHARE SUBSCRIPTION SCHEDULE FOR 2011 In 2011, shares subscribed for pursuant to the 2005C and 2008 share options are intended to be registered as follows: -------------------------------------------------------------------------------- | Share subscription | Entry in the Trade | New shares listed | | deadline | Register | | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | 27 January | 11 February | 14 February | -------------------------------------------------------------------------------- | 31 May | 10 June | 13 June | -------------------------------------------------------------------------------- | 19 July | 4 August | 5 August | -------------------------------------------------------------------------------- | 18 October | 3 November | 4 November | -------------------------------------------------------------------------------- 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. Pursuant to the outstanding 2008 share options 168,000 shares can be subscribed for. The subscription price is EUR 16.27. The subscription period ends on 31 May 2012. The shares shall be subscribed at Nordea Bank Finland plc. The shares will entitle their holder to dividends and other rights conferred by the shares on the date of registration. LASSILA & TIKANOJA PLC Ville Rantala CFO For additional information, please contact Keijo Keränen, Head of Treasury & IR, tel. +358 50 385 6957. 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