LEMMINKÄINEN CORPORATION                                                        
PRESS RELEASE 20.12.2007                                                        

SIGNIFICANT REAL ESTATE DEAL FOR LEMMINKÄINEN                                   

Rakennustoimisto Palmberg Oy, Lemminkäinen Group's regional subsidiary based in 
the city of Tampere, has sold the Elovainio shopping centre under construction  
in Ylöjärvi to the real estate investment company Sponda Plc. The selling price 
is EUR 62 million. Rakennustoimisto Palmberg Oy is responsible for building the 
shopping centre and has arranged its financing during the construction phase.   

The Elovainio shopping centre is located at the junction of the Tampere's       
southern bypass and the main road to Vaasa. It will be completed in spring 2009.
The building will have approx. 24,500 square metres of leased floor area and    
parking spaces for 850 cars. The property has been sold fully leased and its    
principal tenant will be K-Citymarket. Altogether there will be over 50         
specialist retail stores as tenants of the building.                            

LEMMINKÄINEN CORPORATION                                                        
Corporate Communications                                                        

ADDITIONAL INFORMATION:                                                         
Managing Director Jukka Terhonen                                                
Rakennustoimisto Palmberg Oy                                                    
Tel. +358 400 500 597                                                                                                        

Rakennustoimisto Palmberg Oy, a subsidiary of Lemminkäinen Group, is a building 
contractor that operates in the city of Tampere and the surrounding areas of    
central southern  Finland. The company's new building and refurbishment         
contracting includes competitive tender contracting as well as residential,     
commercial and industrial developments. In 2006 the company generated net sales 
of approx. EUR 70.1 million and employed an average of 255 people.              

Lemminkäinen Group operates in all areas of the construction sector. Its main   
business areas are building construction, infrastructure construction, technical
building services and building products. Net sales in 2006 were EUR 1.8 billion,
of which international operations accounted for about a third. The Group employs
some 9,000 people. Lemminkäinen Corporation's share is listed on Helsinki Stock