Lemminkäinen and YIT will complete the merger
LEMMINKÄINEN CORPORATION STOCK EXCHANGE BULLETIN 14.3.2008 DECISIONS OF LEMMINKÄINEN CORPORATION´S ANNUAL GENERAL MEETING On 14 March 2008 Lemminkäinen Corporation's Annual General Meeting adopted the company's final accounts and consolidated financial statements for 2007 and granted the members of the Board of Directors and the Managing Director disc
LEMMINKÄINEN CORPORATION STOCK EXCHANGE BULLETIN 14.3.2008 DECISIONS OF LEMMINKÄINEN CORPORATION´S ANNUAL GENERAL MEETING On 14 March 2008 Lemminkäinen Corporation's Annual General Meeting adopted the company's final accounts and consolidated financial statements for 2007 and granted the members of the Board of Directors and the Managing Director discharge from liability. Payment of dividend The Annual General Meeting decided in accordance with the Board of Directors' proposal to pay a dividend of EUR 1.80 per share, i.e. a total dividend pay-out of EUR 30,638,250. Dividend will be paid to those shareholders registered in the Company's shareholder register kept by Finnish Central Securities Depository Ltd on the record date (19 March 2008). The dividend will be paid on 28 March 2008. Board membership and fees The Annual General Meeting confirmed the number of members of the Board of Directors as six. Messrs. Berndt Brunow, Heikki Pentti, Teppo Taberman, Sakari Tamminen and Ms. Kristiina Pentti were re-elected to serve as members of the Board of Directors. Mr. Juhani Mäkinen, Counsellor of Law, attorney, was newly elected to serve as a Board member. The Annual General Meeting confirmed that fees of EUR 3,000 per month be paid to the members of the Board of Directors and EUR 11 000 per month be paid to the Chairman of the Board. Election of auditors and audit fee PricewaterhouseCoopers Oy, a firm of authorised public accountants, was re-elected to serve as the Company's auditor. The audit fee will be paid on the basis of an approved invoice. Amendment of the Articles of Association The Annual General Meeting decided to amend the Articles of Association in accordance with the Board of Directors' proposal, among others so that the regulations concerning the nominal value of the share and the minimum and maximum share capital were removed. The Board of Directors' proposal for amendment of the Articles of Association was published in the stock exchange bulletin dated 14 February 2008. Helsinki, 14 March 2008 LEMMINKÄINEN CORPORATION Corporate Communications DISTRIBUTION OMX Nordic Exchange Helsinki Key media www.lemminkainen.com Lemminkäinen Group operates in all areas of the construction sector. Its key business sectors are building construction, infrastructure construction, technical building services, and building products. Net sales in 2007 were approx. EUR 2.2 billion million, of which international operations accounted for a full quarter. The Company employs about 9,200 people. Lemminkäinen's share is quoted on OMX Nordic Exchange Helsinki.