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2016-10-24

Lemminkäinen: Lemminkäinen will construct the Nepenmäki school in Joensuu

LEMMINKÄINEN CORPORATION INVESTOR NEWS 24 OCTOBER 2016 AT 11.30 A.M.

LEMMINKÄINEN WILL CONSTRUCT THE NEPENMÄKI SCHOOL IN JOENSUU

Lemminkäinen and the City of Joensuu have signed an agreement on
constructing the Nepenmäki school in Joensuu, in Eastern Finland. The
work will be carried out as a shared contract, and Lemminkäinen will
be responsible of the technical construction work. The work will
begin in the autumn of 2016 and is expected to be completed in the
summer of 2018. The total value of the project is EUR 22.7 million,
of which Lemminkäinen's share is EUR 13 million.

The new building of Nepenmäki twelve-year school will have a floor
area of 10,745 square metres and will be used by approximately 700
schoolchildren and one hundred staff members. In addition, there
will be a library as well as sports, youth and community college
facilities in order to achieve as high a utilisation rate as
possible.

"We aim to create facilities that are flexible and multifunctional
from a pedagogical perspective. Modern learning environments also
include special classrooms with new technology. We have had positive
experiences with Lemminkäinen's competence from the Karhunmäki school
project," says the manager of Joensuu's facility centre Timo
Korhonen.

Lemminkäinen is currently constructing also six residential buildings
in Joensuu.

LEMMINKÄINEN CORPORATION
Corporate Communications

ADDITIONAL INFORMATION:
Pauli Mäkelä
Executive Vice President, Building construction, Finland
Tel: +358 (0)2071 53426
pauli.makela@lemminkainen.com

DISTRIBUTION:
Key media
www.lemminkainen.com (http://www.lemminkainen.fi/)

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 the
4,800 professionals we employ, we build a sustainable society. In
2015, our net sales were EUR 1.9 billion. Lemminkäinen Corporation's
shares are listed on Nasdaq Helsinki Ltd. www.lemminkainen.com
(http://www.lemminkainen.fi/)

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