Back

COMPREHENSIVE SOLUTION CONCERNING DELIVERIES OF READY-MIX CONCRETE TO OLKILUOTO NUCLEAR POWER PLANT

LEMMINKÄINEN CORPORATION STOCK EXCHANGE BULLETIN 25.4.2007 In July 2004 Lemminkäinen Corporation´s subsidiary Forssan Betoni Oy signed an agreement with the Framatome(now Areva NP)-Siemens consortium, the lead contractor for the construction of the third nuclear power plant at Olkiluoto, concerning the delivery of ready-mix concrete for the entire nuclear power plant construction project. On 24 April 2007 the pa

LEMMINKÄINEN CORPORATION	STOCK EXCHANGE BULLETIN 25.4.2007 


In July 2004 Lemminkäinen Corporation´s subsidiary Forssan Betoni Oy signed an  
agreement with the Framatome(now Areva NP)-Siemens consortium, the lead         
contractor for the construction of the third nuclear power plant at Olkiluoto,  
concerning the delivery of ready-mix concrete for the entire nuclear power plant
construction project.                                                           

On 24 April 2007 the parties have agreed to amend the original delivery contract
in order to clarify the responsibilities of the parties involved in the         
demanding construction project.                                                 

Under a commercial agreement signed today, Forssan Betoni will not continue to  
supply concrete for the power plant's reactor building complex. A separate      
batching plant has been built on site for this purpose. The contractor          
responsible for the reactor building complex will itself produce the concrete.  

Forssan Betoni will continue to deliver concrete until the end of the project to
Siemens's subcontractors working on the turbine island. In addition, Forssan    
Betoni's plants will serve as backups for the new batching plant.               

Studies conducted earlier did not reveal any deficiencies in the ready-mix      
concrete delivered by Forssan Betoni to the power plant project. The parties do 
not have any claims against one another.                                        


LEMMINKÄINEN CORPORATION                                                        
Juhani Sormaala                                                                 
Managing Director                                                               


Additional information:                                                         
Juhani Sormaala, Managing Director, Lemminkäinen Corporation, tel. +358 2071    
53302                                                                           
Henrik Eklund, Head of the Paving and Mineral Aggregates Division, Lemminkäinen 
Corporation, tel. +358 40 563 7811                                              
                                                                                

DISTRIBUTION:                                                                   
Helsinki Stock Exchange                                                         
Key media                                                                       
www.lemminkainen.com 



Forssan Betoni Oy belongs to Lemminkäinen Group's Paving and Mineral Aggregates 
Division. The company has a number of fixed ready-mix concrete plants all over  
Finland, and it is one of the three largest ready-mix concrete suppliers in the 
country.                                                                        

Lemminkäinen Group operates in all areas of the construction sector. Its main   
business areas are building contracting, infrastructure construction, the       
building materials industry and technical building services. Net sales in 2006  
were EUR 1,795.9 million, of which international operations accounted for about 
a third. The Group employs some 8,500 people. Lemminkäinen's share is listed on 
Helsinki Stock Exchange.