LEMMINKÄINEN CORPORATION            	          

Lemminkäinen Group's Lemcon Ltd has signed a co-operation agreement with        
authorities on an industrial park project in Russia as well as a pre-contract   
for the purchase of the park's entire 130-hectare site. The industrial park will
be built in Vorotynsk near Kaluga, a city of some 350,000 inhabitants in central
Russia. Some 15-20 production plants and logistics centres will be located in   
the industrial park.                                                            

Investors are interested in Kaluga area: Volkswagen and Volvo, among others,    
have announced investments in the province. In addition to automotive industry  
suppliers, the building materials industry serving the Russian market is        
interested in the region due to its excellent logistical connections and        
professionally skilled labour force.                                            

- Lemcon's industrial park concept improves risk management because it provides 
companies investing in Russia with a dependable framework for the handling of   
issues such as the transfer of plot ownership rights and necessary              
infrastructure, says Lemcon's Export Director Juha Höyhtyä.                     

ADDITIONAL INFORMATION:                                                         

Export Director Juha Höyhtyä                                                    
Lemcon Ltd                                                                      
Tel. +358 40 537 50 32                                                          

Project Development Manager Dmitry Abakumov,                                    
Lemcon Ltd                                                                      
Tel. +358 400 341 419                                                           

Project Development Manager Juha Virtanen                                       
Lemcon Ltd                                                                      
Tel. +358 40 5565175                                                            

Lemcon Ltd, Lemminkäinen Group's international project contractor, which derives
about a half of its business from abroad. In Finland the company focuses on     
demanding infrastructure contracts and project management contracting. In       
addition to its operations in Europe, the company serves as a project and       
telecoms network contractor in the Americas and Asia.                           
Lemminkäinen Group operates in all areas of the construction sector. Its main   
business areas are building contracting, infrastructure construction, the       
building materials industry, and technical building and facility services. Net  
sales in 2006 were EUR 1,795.9 million, of which international operations       
accounted for about a third. The Group employs some 8,500 people. Lemminkäinen's
share is listed on Helsinki Stock Exchange.