Lemminkäinen and YIT will complete the merger
LEMMINKÄINEN CORPORATION STOCK EXCHANGE BULLETIN 10.12.2009 AT 08:00 MANAGEMENT CHANGE AT LEMMINKÄINEN BUILDING CONSTRUCTION Lemminkäinen's Building Construction business sector is to have a new leader. Mr. Jukka Terhonen, M.Sc.(Eng.), b. 1954, has been appointed as the head of the business sector and Managing Director of Lemminkäinen Talo Oy. Mr. Terhonen's appointment becomes effective on 10 December 2009. He will report to President & CEO Timo Kohtamäki and will be a member of Lemm
LEMMINKÄINEN CORPORATION STOCK EXCHANGE BULLETIN 10.12.2009 AT 08:00 MANAGEMENT CHANGE AT LEMMINKÄINEN BUILDING CONSTRUCTION Lemminkäinen's Building Construction business sector is to have a new leader. Mr. Jukka Terhonen, M.Sc.(Eng.), b. 1954, has been appointed as the head of the business sector and Managing Director of Lemminkäinen Talo Oy. Mr. Terhonen's appointment becomes effective on 10 December 2009. He will report to President & CEO Timo Kohtamäki and will be a member of Lemminkäinen Group's Executive Board. The present head of Lemminkäinen's Building Construction business sector, Mr. Juha Nurmi, will be leaving the Group. Jukka Terhonen has served as the Managing Director of Lemminkäinen's local subsidiary in Tampere, Rakennustoimisto Palmberg Oy, since 2001. He joined Lemminkäinen from YIT Corporation, where he was the head of the company's building construction division. "We have launched a strategic change process, 'one united Lemminkäinen', with the aim of simplifying our corporate structures and improving the efficiency of our business practices. We will strive to ensure that Lemminkäinen and the services we offer are made more easily accessible to our customers. The Building Construction business sector has a key role to play in this change process. Jukka Terhonen has a wealth of expertise and experience in building construction and, for example, in renovation construction, which is one of our strategic focus areas. I warmly welcome him to our Executive Board," says the President & CEO of Lemminkäinen Group, Mr. Timo Kohtamäki. Jukka Terhonen's photograph and career details can be found on Lemminkäinen's website at www.lemminkainen.com LEMMINKÄINEN CORPORATION Corporate Communications ADDITIONAL INFORMATION: President & CEO Timo Kohtamäki Lemminkäinen Corporation Tel. +358 2071 53263 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. www.lemminkainen.com