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2016-12-19

Lemminkäinen: Lemminkäinen requests leave to appeal for some of the Helsinki Court of Appeal's decisions regarding damages related to the asphalt cartel

LEMMINKÄINEN CORPORATION STOCK EXCHANGE RELEASE 19 DECEMBER 2016 AT
1:00 P.M.

LEMMINKÄINEN REQUESTS LEAVE TO APPEAL FOR SOME OF THE HELSINKI COURT
OF APPEAL'S DECISIONS REGARDING DAMAGES RELATED TO THE ASPHALT CARTEL

Lemminkäinen requests leave to appeal from the Supreme Court
concerning Helsinki Court of Appeal's decisions regarding damages
related to the asphalt cartel. In Lemminkäinen's opinion, there are
certain aspects, where the conclusions of the Helsinki Court of
Appeal differ from previous case law or where there is no established
case law. Such aspects include the State's liability and value added
tax.

Lemminkäinen requests leave to appeal concerning the Helsinki Court of
Appeal's decisions regarding the State's claim and those 13
municipalities' claims, where the claimants' claims were partly
accepted and where Lemminkäinen did not reach a settlement with the
claimants after the Helsinki Court of Appeal's decisions.

On 7 December 2016, Lemminkäinen announced that it had settled with
ten municipalities (Imatra, Joensuu, Jyväskylä, Kouvola, Kuhmo,
Lappeenranta, Lieksa, Naantali, Raisio, Äänekoski). The parties
agreed not to request leave to appeal from the Supreme Court
concerning the Helsinki Court of Appeal's decisions. After this,
Lemminkäinen has reached similar settlements with seven
municipalities (Iisalmi, Kajaani, Kuopio, Nivala, Pori, Siilinjärvi,
Suomussalmi). Through the settlements, the parties wished to end
long-lasting legal proceedings and avoid additional costs. According
to the settlement agreements, the parties do not take any stand on
whether there were any grounds for compensation.

On 20 October 2016, the Helsinki Court of Appeal gave its decisions
concerning damages related to the asphalt cartel. On 20 October 2016
and 24 October 2016, Lemminkäinen published releases of the decisions
and their impacts.

LEMMINKÄINEN CORPORATION
Corporate Communications

ADDITIONAL INFORMATION:
Johan Nybergh, General Counsel
Tel. +358 2071 54811
johan.nybergh@lemminkainen.com

DISTRIBUTION:
Nasdaq Helsinki Ltd
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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http://news.cision.com/lemminkainen/r/lemminkainen-requests-leave-to-app...

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