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2016-10-24

Lemminkäinen: Reimbursements to Lemminkäinen related to the asphalt cartel specified to approximately EUR 19 million with interest and expenses

LEMMINKÄINEN CORPORATION STOCK EXCHANGE RELEASE 24 OCTOBER 2016 AT
10:30 A.M.

REIMBURSEMENTS TO LEMMINKÄINEN RELATED TO THE ASPHALT CARTEL SPECIFIED
TO APPROXIMATELY EUR 19 MILLION WITH INTEREST AND EXPENSES

On 20 October 2016, the Court of Appeal of Helsinki gave its decisions
in the legal proceedings concerning the damages related to the
asphalt cartel. Regarding the 37 claims against Lemminkäinen,
Lemminkäinen and other asphalt industry companies are entitled to
receive reimbursements in total approximately EUR 20 million
(consisting of capital amount of approximately EUR 14 million less as
well as interest and legal expenses of approximately EUR 6 million
less than according to the decisions of the District Court).

Of these reimbursements, Lemminkäinen is entitled to receive refunds
(based on Lemminkäinen's own share and those shares of other
defendants that Lemminkäinen has paid) in total approximately EUR 19
million consisting of capital as well as interest and legal expenses.
As stated in the stock exchange release on 20 October, Lemminkäinen
will record the reimbursement as income in its fourth-quarter result.

The above figures include Lemminkäinen's share of the damages awarded
by the Court of Appeal to the State of Finland and one municipality,
the claims of which against Lemminkäinen had been rejected by the
District Court.

LEMMINKÄINEN CORPORATION
Corporate Communications

ADDITIONAL INFORMATION:
Casimir Lindholm, President and CEO
Tel. +358 2071 53304
casimir.lindholm@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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