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LEMCON WINS CONTRACTS WORTH EUR 40 MILLION IN RUSSIA

LEMMINKÄINEN CORPORATION PRESS RELEASE 1.8.2007 Lemminkäinen Group's Lemcon Ltd has won significant new construction contracts in Russia. Lemcon and H+H International A/S, a Danish manufacturer of lightweight concrete elements, have signed an agreement to build a 13,500 m2 lightweight concrete production plant some 75 kilometres southwest of St. Petersburg in the Volosovo distric

LEMMINKÄINEN CORPORATION	PRESS RELEASE 1.8.2007 

                         

Lemminkäinen Group's Lemcon Ltd has won significant new construction contracts  
in Russia.                                                                      

Lemcon and H+H International A/S, a Danish manufacturer of lightweight concrete 
elements, have signed an agreement to build a 13,500 m2 lightweight concrete    
production plant some 75 kilometres southwest of St. Petersburg in the Volosovo 
district of Leningrad Oblast.                                                   

An office and logistics centre of approx. 10,000 m2 is to be built in Moscow for
Tikkurila, the company responsible for Kemira Group's paints and coatings       
business.                                                                       

Lemcon will also carry out the technical construction works for the enlargement 
of Nokian Tyres's production plant in St. Petersburg. The gross floor area of   
the plant extension is 33,000 m2.                                               

The combined value of the new construction contracts is approx. EUR 40 million. 
Work has already begun on the building sites and the contracts will be completed
during 2008.                                                                    

”The growth of industrial investments in Russia is significantly boosting demand
for Lemcon's special expertise in the country,” says Lemcon's Export Director   
Juha Höyhtyä.                                                                   

LEMMINKÄINEN CORPORATION                                                        
Corporate Communications                                                        

ADDITIONAL INFORMATION:                                                         
Export Director Juha Höyhtyä                                                    
Lemcon Ltd.                                                                     
Tel. +358 40 537 5032                                                           
juha.hoyhtya@lemcon.fi                                                          


Lemcon Ltd is Lemminkäinen Group's international project contractor, which      
derives half of its net sales from operations abroad. In Finland the company    
focuses on demanding infrastructure contracts and project management            
contracting. The company operates as a project contractor and telecommunications
network builder in Europe, the Americas and Asia.                               

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.