Lemminkäinen and YIT will complete the merger
LEMMINKÄINEN CORPORATION STOCK EXCHANGE BULLETIN 15.12.2009 AT 9.45 LEMMINKÄINEN TO START CONSTRUCTION WORK FOR KUOPIO LIFE CYCLE PROJECT Lemminkäinen PPP Oy, the City of Kuopio and Kiinteistö Oy Kuopion koulutilat signed the contract documents for the City of Kuopio's life cycle project on 14 December 2009. The project includes the new construction and basic repair of four schools and one child day-care centre. Lemminkäinen will be responsible for the maintenance and upkeep of the buildin
LEMMINKÄINEN CORPORATION STOCK EXCHANGE BULLETIN 15.12.2009 AT 9.45 LEMMINKÄINEN TO START CONSTRUCTION WORK FOR KUOPIO LIFE CYCLE PROJECT Lemminkäinen PPP Oy, the City of Kuopio and Kiinteistö Oy Kuopion koulutilat signed the contract documents for the City of Kuopio's life cycle project on 14 December 2009. The project includes the new construction and basic repair of four schools and one child day-care centre. Lemminkäinen will be responsible for the maintenance and upkeep of the buildings for a period of 25 years. The total value of the project is EUR 93.5 million. Kuopio City Board selected Lemminkäinen as the service provider for the life cycle project on 27 July 2009. Lemminkäinen will combine expertise from its various business sectors in the project. The service provider, Lemminkäinen PPP Oy, is a consortium of several Lemminkäinen Group companies, namely Oka Oy, Lemcon Ltd, Savocon Oy, Tekmanni Oy and Tekmanni Service Oy. Kiinteistö Oy Kuopion Koulutilat owns the properties that are to be enlarged and repaired as well as those that are to be newly constructed in the life cycle project. The real estate company is owned by the City of Kuopio. Project planning began during the autumn and construction work will begin at the turn of the year. Work will start first on the construction of the new Martti Ahtisaari school and Puijonsarvi school. They will be completed in 2011 and 2012. In summer 2001 work will start on the construction of Puijonlaakso child day-care centre and on the repair and enlargement of Rajala school. These works will be completed in 2012. Construction work on the last site, Pohjantie school, will start in summer 2012 and will be completed by autumn 2013. Lemminkäinen Group is involved in many life cycle projects. Examples include the E18 Muurla-Lohja Motorway as well as a number of courthouses and police buildings around the country. LEMMINKÄINEN CORPORATION Corporate Communications ADDITIONAL INFORMATION: Development Director Esa Kemppainen Lemminkäinen Talo Oy Tel. +358 400 605 507 esa.kemppainen@lemminkainen.fi DISTRIBUTION: NASDAQ OMX Helsinki Ltd Key media www.lemminkainen.com Lemminkäinen Group operates in all areas of the construction sector. The Group's business sectors are building construction, infrastructure construction, technical building services, and building products. Net sales in 2008 were approx. EUR 2.5 billion, of which international operations accounted for over a quarter. The Group employs about 9,000 people. Lemminkäinen Corporation's share is quoted on NASDAQ OMX Helsinki Ltd.