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2016-11-28

Lemminkäinen: Lemminkäinen to build part of the city infrastructure for a new residential area in Stockholm

LEMMINKÄINEN CORPORATION INVESTOR NEWS 28 NOVEMBER 2016 AT 1:00 P.M

LEMMINKÄINEN TO BUILD PART OF THE CITY INFRASTRUCTURE FOR A NEW
RESIDENTIAL AREA IN STOCKHOLM

Lemminkäinen and the City of Stockholm have signed a contract on
building part of the complex city infrastructure for the new
Stockholm Royal Seaport residential area in Stockholm. The project
will start in December 2016 and be completed in April 2018. The value
of the project is approximately EUR 13 million.

The contract covers the demolition of the current oil pier, excavation
work, treatment of contaminated soil, concrete works and piling as
well as construction and paving of new roads. The piling work will
be carried out in water.

The Stockholm Royal Seaport project is part of Stockholm's urban
development project where the city's south harbour will be developed
into a new residential area. In 2030, the area that has formerly been
used for gas and other industrial production will have 12,000
inhabitants and offer work places for 35,000 people.

"The Stockholm Royal Seaport project is a great example of urban
development and we are excited to be part of it. Our solid experience
and expertise in complex city infrastructure projects enables us to
carry out the project so that the surrounding ferry traffic can
operate normally," says Harri Kailasalo, Executive Vice President,
Infra projects at Lemminkäinen.

LEMMINKÄINEN CORPORATION
Corporate Communications

ADDITIONAL INFORMATION:
Harri Kailasalo
Executive Vice President, Infra projects
Tel. +358 2071 53394
harri.kailasalo@lemminkainen.com

DISTRIBUTION:
Key media
www.lemminkainen.com

Lemminkäinen is an expert in complex infrastructure construction and
building construction in Northern Europe and one of the largest
paving companies in its market. Together with our customers and 4,800
professionals we employ, we build a sustainable society. In 2015, our
net sales were EUR 1.9 billion. Lemminkäinen Corporation's share is
quoted on Nasdaq Helsinki Ltd. www.lemminkainen.com

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