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2016-05-18

Lehto Group Plc: FULL EXERCISE OF OVER-ALLOTMENT OPTION IN LEHTO GROUP'S SHARES AND DISCONTINUATION OF STABILISATION PERIOD

Stock Exchange Release 18 May 2016, at 10.30 a.m. EET

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE
OR IN PART, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, SINGAPORE, SOUTH
AFRICA OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH RELEASE OR
DISTRIBUTION WOULD BE UNLAWFUL

OP Corporate Bank plc ("OP"), the global coordinator in the initial public
offering of Lehto Group Plc ("Lehto Group" or "Company"), has today fully
exercised the over-allotment option granted by certain shareholders of the
Company ("Selling Shareholders") by purchasing 1,467,268 shares in Lehto
Group from the Selling Shareholders. Simultaneously, OP redelivers to Lehto
Invest Oy 1,467,268 shares in Lehto Group it borrowed on the basis of a share
lending agreement related to the initial public offering.

The Selling Shareholders have sold a total of 3,199,608 shares in Lehto Group
in the initial public offering including the shares sold through the exercise
of the over-allotment option. The ownership of the Selling Shareholders and
the other old shareholders in Lehto Group after selling the shares covered by
the over-allotment option and after the redelivery of the of the shares
borrowed on the basis of the share lending agreement will be 42,110,796
shares representing approximately 72.3% of all outstanding shares in Lehto
Group. The ownership of Lehto Invest Oy in Lehto Group after selling the
shares covered by the over-allotment option and after the redelivery of the
of the shares borrowed on the basis of the share lending agreement will be
21,735,216 shares representing approximately 37.3% of all outstanding shares
in Lehto Group.

No stabilisation measures have been carried out since the listing and due to
Lehto Group's share price development OP has discontinued the stabilisation
period.

Lehto Group Plc

Pertti Huuskonen, the chairman of the Board of Directors

Hannu Lehto, CEO

More information:

Veli-Pekka Paloranta, CFO tel. +358 400 944 074

Pertti Huuskonen, the chairman of the Board of Directors tel. +358 400 680 816

Lehto Group in brief

Lehto Group is a Finnish construction and real estate group focusing on
economically driven construction. The Company's mission is to be an
innovative reformer of the construction industry. The Company has divided its
operations into four service areas: Business Premises, Housing, Social Care
and Educational Premises and Building Renovation. Lehto Group currently
operates in Finland and is geographically concentrated in growth centres,
which form a significant part of the construction volume. The Company's
headquarters are located in Kempele. The Company employed 423 people at the
end of the financial year 2015.

DISCLAIMER

This announcement is not for publication or distribution, directly or
indirectly, in Australia, Canada, Hong Kong, Japan, Singapore, South Africa
or the United States, or any other jurisdiction in which release or
distribution would be unlawful. The distribution of this announcement may be
restricted by law in certain jurisdictions and persons into whose possession
any document or other information referred to herein comes should inform
themselves about and observe any such restriction. Any failure to comply with
these restrictions may constitute a violation of the securities laws of any
such jurisdiction.

The information contained herein shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of the
securities referred to herein in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration, exemption from
registration or qualification under the securities laws of any such
jurisdiction. Investors must neither accept any offer for, nor acquire, any
securities to which this document refers, unless they do so on the basis of
the information contained in the applicable prospectus approved by the
Finnish Financial Supervisory Authority and published by the Company.

These written materials do not constitute an offer for sale of securities in
the United States, nor may the securities be offered or sold in the United
States absent registration or an exemption from registration under the U.S.
Securities Act of 1933, as amended, and the rules and regulations thereunder.
The securities will not be registered under the U.S. Securities Act of 1933,
as amended, and there will be no public offering of the securities in the
United States.

The Company has not authorised any offer to the public of securities in any
member state of the European Economic Area other than Finland. With respect
to each member state of the European Economic Area other than Finland which
has implemented the Prospectus Directive (each, a "Relevant Member State"),
no action has been undertaken or will be undertaken to make an offer to the
public of securities requiring publication of a prospectus in any Relevant
Member State. As a result, the securities may only be offered in Relevant
Member States (a) to any legal entity which is a qualified investor as
defined in the Prospectus Directive; or (b) in any other circumstances
falling within Article 3(2) of the Prospectus Directive. For the purposes of
this paragraph, the expression "an offer of securities to the public" means
the communication in any form and by any means of sufficient information on
the terms of the offer and the securities to be offered so as to enable an
investor to decide to exercise, purchase or subscribe for the securities, as
the same may be varied by any measure implementing the Prospectus Directive
in that Relevant Member State, and the expression "Prospectus Directive"
means Directive 2003/71/EC (and amendments thereto, including the 2010 PD
Amending Directive, to the extent implemented in the Relevant Member State),
and includes any relevant implementing measure in the Relevant Member State
and the expression "2010 PD Amending Directive" means Directive 2010/73/EU.

The information contained herein shall not constitute a public offering of
shares in the United Kingdom. This document is only being distributed to and
is only directed at (i) persons who are outside the United Kingdom or (ii) to
investment professionals falling within Article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order")
or (iii) high net worth companies, and other persons to whom it may lawfully
be communicated, falling within Article 49(2) of the Order (all such persons
together being referred to as "relevant persons"). Any investment activity to
which this document relates will be only available to, and will be engaged in
only with, relevant persons. Any person who is not a relevant person should
not act or rely on this document or any of its contents.

This document includes "forward-looking statements" that involve risks,
uncertainties and other factors, many of which are outside of the Company's
control and could cause actual results to differ materially from the results
discussed in the forward-looking statements. Forward-looking statements
include statements concerning the Company's dividend policy, financial
targets, plans, objectives, goals, future events, performance and/or other
information that is not historical information. The Company undertakes no
obligation to publicly update or revise forward-looking statements to reflect
subsequent events or circumstances after the date made, except as required by
law.

OP Corporate Bank plc and Pareto Securities Oy (together, the "Bookrunners")
are acting exclusively for the Company in connection with the listing. The
Bookrunners will not regard any other person as their respective client in
relation to the listing and will not be responsible to anyone other than the
Company for giving advice in relation to the listing or transactions related
thereto.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Lehto Group Oyj via Globenewswire

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