Lemminkäinen to build IKEA store in Tampere

Lemminkäinen Corporation			Press release 29.6.2009 at 11.00


A consortium consisting of Lemminkäinen Group's Rakennustoimisto Palmberg Oy
and Lemcon Ltd has made an agreement with IKEA Real Estate Oy concerning the
construction of a new IKEA store in Tampere. 

Located in the Lahdesjärvi district of Tampere close by the Tampere-Helsinki
motorway, the new building will be Finland's fourth and largest IKEA home
furnishing store. 

“We are delighted that our partnership with IKEA will be continued in Tampere.
The construction is to be carried out as a project management contract, which is
the same contracting model as that used when we build IKEA's Vantaa store in
2002-2003. Lemcon is a pioneer of project management contracting in Finland,”
says Lemcon's Regional Director Jouko Niemonen. 

The building will have a gross floor area of 37,500 m2 and a volume of 260,000
m3. Construction work will begin in July 2009 and will be completed in summer
2010. The contract is worth approx. EUR 18 million. 

Corporate Communications

Additional information:
Managing Director Jukka Terhonen
Rakennustoimisto Palmberg Oy
Tel. +358 400 500 597

Director Jouko Niemonen
Lemcon Ltd
Tel. +358 400 208 622

Lemminkäinen Group operates in all areas of the construction sector. The
Group's business sectors are building construction, infrastructure
construction, technical building services, and building products. Net sales in
2008 were approx. EUR 2.5 billion, of which international operations accounted
for over a quarter. The Group employs about 9,800 people. Lemminkäinen
Corporation's share is quoted on NASDAQ OMX Helsinki Ltd. www.lemminkainen.com

Rakennustoimisto Palmberg Oy is a Tampere-based subsidiary of Lemminkäinen Talo
Oy. It operates in the building construction sector in the western and central
regions of southern Finland. In 2008 the company generated net sales of EUR 82
million and employed about 230 people. www.palmberg-tampere.fi 

Lemcon Ltd, a subsidiary of Lemminkäinen Talo Oy, is an international project
contractor that derives more than half of its business from projects abroad. In
Finland the company focuses on project management contracting and project
development. The company's international operations also encompass developer
contracting and telecom network construction. Lemcon Ltd operates in about 20
countries in Europe, Asia, Africa and South America. In 2008 the company
generated net sales of approx. EUR 292 million and employed almost 700 people
in Finland and abroad. www.lemcon.fi