Lemminkäinen and YIT will complete the merger
LEMMINKÄINEN CORPORATION STOCK EXCHANGE BULLETIN 18.6.2008, at 18:00 CLAIM FOR COMPENSATION FROM THE FINNISH ROAD ADMINISTRATION IN ASPHALT CASE Lemminkäinen's last bulletin on the case concerning competition restriction on the asphalt market was released on 19 December 2007, when the Market Court handed down its decision. The Finnish Competition Authority (FCA) had asked the Market Court to impose an infringement fine of EUR 68 million on Lemminkäinen. The
LEMMINKÄINEN CORPORATION STOCK EXCHANGE BULLETIN 18.6.2008, at 18:00 CLAIM FOR COMPENSATION FROM THE FINNISH ROAD ADMINISTRATION IN ASPHALT CASE Lemminkäinen's last bulletin on the case concerning competition restriction on the asphalt market was released on 19 December 2007, when the Market Court handed down its decision. The Finnish Competition Authority (FCA) had asked the Market Court to impose an infringement fine of EUR 68 million on Lemminkäinen. The Market Court denied the FCA's request for the most part and ordered Lemminkäinen to pay an infringement fine of EUR 14 million. Lemminkäinen has today been informed of an application for a summons in which the Finnish Road Administration is demanding compensatory damages from different asphalt companies before the Helsinki District Court. Lemminkäinen's share of the claimed compensation is at most EUR 10.5 million. The Finnish Road Administration is also seeking damages of at most EUR 5.6 million from Lemminkäinen, under joint and several liability with other defendant companies. The FCA justifies its claim on the grounds that alleged restrictions of competition among the asphalt companies would have raised the price level of asphalt pavements in certain years. The claim is based on assertions made by the Finnish Competition Authority concerning the price level, which Lemminkäinen has contested both in the Market Court proceedings and in its statements to the Supreme Administrative Court. The Finnish Road Administration has asked the Helsinki District Court to postpone the hearing of the case until the competition restriction case has been resolved in the Supreme Administrative Court. Lemminkäinen concurs with the Finnish Road Administration's request. LEMMINKÄINEN CORPORATION Juhani Sormaala Additional information: Managing Director Juhani Sormaala, Lemminkäinen Corporation, tel. +358 2071 53302 Lemminkäinen Group operates in all areas of the construction sector. Its main business sectors are building construction, infrastructure construction, technical building services, and building products. Net sales in 2007 were approx. EUR 2.2 billion, of which international operations accounted for over a quarter. The Group employs about 9,200 people. Lemminkäinen Corporation's share is quoted on OMX Nordic Exchange Helsinki. www.lemminkainen.com