LEMMINKÄINEN'S INTERIM FINANCIAL REVIEW 1.1.-30.6.2007: FIRST-HALF RESULT MORE THAN TRIPLED

LEMMINKÄINEN CORPORATION	STOCK EXCHANGE BULLETIN 9.8.2007, 9:00 

                                                                
- Net sales were EUR 879.9 million (731.2) 
- International operations accounted for EUR 212.6 million (217.9) of net sales 
- Operating profit was EUR 45.3 million (18.9) and the ratio of operating
profit 
to net sales was 5.1% (2.6)                                                     
- The result before taxes was EUR 38.9 million (11.6) 
- Earnings per share were EUR 1.55 (0.31) 
- The Company's order book at the end of the review period was EUR 1,622.0
million 
(1,312.1)                                                                       
- International orders accounted for EUR 449.3 million (347.1) of the order
book 


BUSINESS DEVELOPED FAVOURABLY                                                   

The first-half net sales of Lemminkäinen Group rose 20.3% to EUR 879.9 million. 
The order book rose 23.6% to EUR 1,622.0 million. The result before taxes       
improved EUR 27.3 million and was EUR 38.9 million (11.6). The results of almost
all of the Group's business sectors were improved.                              

The favourable development in the review period was mostly influenced by the    
earlier start of this year's asphalt paving season and the good profitability of
Palmberg - the Group's building contractor.                                     

The operations of the Paving and Mineral Aggregates Division developed more     
favourably than expected. Net sales rose 25.7% to EUR 215.9 million (171.8). The
operating profit was EUR 1.5 million (operating loss 11.6). There was also a    
slight improvement in the order book.                                           

The net sales of the Building Materials Division rose 40.0% to EUR 58.1 million 
(41.5). Operating profit rose to EUR 3.4 million (0.1). The order book grew and 
was good in all of the Division's business areas.                               

Lemcon's net sales fell 4.7% to EUR 164.6 million (172.7). Operating profit was 
down 9.7% at EUR 6.5 million (7.2). The order book was good and has been growing
in Russia in particular.                                                        

The net sales of the Palmberg Group rose 33.9% to EUR 363.2 million (271.3).    
Operating profit rose 45.7% to EUR 31.9 million (21.9). The order book rose to  
an all-time high.                                                               

The net sales of Tekmanni Oy rose 17.9% to EUR 103.4 million (87.7). Operating  
profit rose 91.7% to EUR 4.6 million (2.4). The order book grew and now stands  
at an all-time high for the company.                                            


CONSTRUCTION MARKET GROWTH                                                      

The construction market as a whole is experiencing good growth. Especially      
commercial and office construction is growing, and increased activity is also   
anticipated in industrial and logistics construction this year. The growth in   
infrastructure construction is being sustained by major on-going projects.      
Housing construction is expected to continue at almost the current level.       

The development of international markets important to Lemminkäinen is expected  
to remain favourable. The economic outlook in other Nordic countries is still   
positive, and the total volume of construction is forecast to grow. In the      
Baltic states GDP growth is faster than in the Nordic countries, and the road   
construction market is expected to remain active thanks to EU funding. Finnish  
industry has many on-going projects in Russia, China and India. Eastern Europe  
is also attracting foreign investments by Finnish industry. The construction of 
3G networks is expected to grow, and the building of GSM networks in the        
developing countries will remain active.                                        

GOOD OUTLOOK FOR 2007                                                           

The outlook for construction is positive and Lemminkäinen's order book is       
strong. There are good prerequisites for the favourable development of          
Lemminkäinen's business operations in 2007. The Group's net sales will rise and 
the result is expected to clearly improve.                                      
PRESENTATION EVENT                                                              

A presentation of the interim financial review for analysts and media           
representatives will be made at 10:00 a.m. on Thursday, 9 August 2007. The venue
will be Ravintola Sipuli, Kanavaranta 7, Helsinki, Finland. Those wishing to    
attend are cordially invited to register in advance by contacting Liaison       
Manager Matti Aalto, phone +358 2071 53520 or e-mail                            
matti.aalto@lemminkainen.fi.                                                    

FINANCIAL REPORTING IN 2007                                                     

The interim financial review and the media presentation material are available  
on the Company's website at www.lemminkainen.com.                               

Lemminkäinen will publish its interim financial review for the January-September
period on 8 November 2007.                                                      

LEMMINKÄINEN CORPORATION                                                        

Juhani Sormaala                                                                 
Managing Director                                                               


Additional information:                                                         
Juhani Sormaala, Managing Director, tel. +358 2071 53302                        
Jukka Ovaska, Finance Director, tel. +358 2071 53334                            

APPENDICES:                                                                     
Interim Financial Review 1.1.-30.6.2007                                         
Tabulated Section of the Interim Financial Review                               


DISTRIBUTION:                                                                   
Helsinki Stock Exchange                                                         
Key media                                                                       
www.lemminkainen.com                                                            



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 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 main market area is
the Baltic Rim region, where the Group has established a presence by setting up 
local subsidiaries. In specialist areas of construction the Group serves        
customers all over the world. Lemminkäinen's share is listed on Helsinki Stock  
Exchange.                                                                       




LEMMINKÄINEN CORPORATION'S INTERIM FINANCIAL REVIEW 1.1.-30.6.2007              


CONSTRUCTION MARKET                                                             

The Finnish construction market as a whole is experiencing good growth.         
According to an economic forecast by the Confederation of Finnish Construction  
Industries, the total volume of construction will grow 3.5% this year and 3%    
next year. Especially commercial and office construction will grow, but         
increased activity is also anticipated in industrial and logistics construction.
The growth in infrastructure construction is being sustained by major on-going  
projects. New highway projects are scheduled for start-up towards the end of the
year. Housing construction is expected to continue at almost the current level. 
Refurbishment contracting will also continue to grow steadily.                  

Strong demand has driven up construction and labour costs and led to supply     
problems in some materials. There is shortage of skilled labour, mainly at the  
site foreman level.                                                             

The development of international markets important to Lemminkäinen is expected  
to remain favourable. The economic outlook in other Nordic countries is still   
positive, and the total volume of construction is forecast to grow. In Sweden   
the rock engineering market will remain good. In the Baltic states GDP growth is
faster than in the Nordic countries, and the road construction market is        
expected to remain active thanks to EU funding. Finnish industry has many       
on-going projects in Russia, China and India. Central Eastern Europe is also    
attracting foreign investments by Finnish industry. The construction of 3G      
networks is expected to grow, and the building of GSM networks in the developing
countries will remain active.                                                   


GROUP'S NET SALES, EARNINGS AND BALANCE SHEET                                   

The H1 net sales of Lemminkäinen Group rose 20.3% to EUR 879.9 million (731.2). 
The Group generated 75.8% (70.2) of its net sales in Finland, 13.7% (13.2) in   
other Nordic countries, 6.2% (12.3) in Eastern Europe and the Baltic states, and
4.3% (4.3) in other countries.                                                  

--------------------------------------------------------------------------------
| Net sales by business sector, EUR     |  1-6/2007 |   1-6/2006 |   Change, % |
| million                               |           |            |             |
--------------------------------------------------------------------------------
| Paving and Mineral Aggregates         |     215.9 |      171.8 |        25.7 |
| Division                              |           |            |             |
--------------------------------------------------------------------------------
| Building Materials Division           |      58.1 |       41.5 |        40.0 |
--------------------------------------------------------------------------------
| Lemcon Ltd                            |     164.6 |      172.7 |        -4.7 |
--------------------------------------------------------------------------------
| Oy Alfred A. Palmberg Ab              |     363.2 |      271.3 |        33.9 |
--------------------------------------------------------------------------------
| Tekmanni Oy                           |     103.4 |       87.7 |       17.9  |
--------------------------------------------------------------------------------
| Other operations and intragroup       |     -25.3 |      -13.8 |        83.3 |
| eliminations                          |           |            |             |
--------------------------------------------------------------------------------
| Group, total                          |     879.9 |      731.2 |        20.3 |
--------------------------------------------------------------------------------

The H1 operating profit was EUR 45.3 million (18.9) and the result before taxes 
EUR 38.9 million (11.6). The result for the accounting period was EUR 29.9      
million (8.6), of which EUR 26.5 million (5.3) was attributable to shareholders 
of the parent company. Earnings per share were EUR 1.55 (0.31).                 

--------------------------------------------------------------------------------
| Operating profit by business    |    1-6/2007 |     1-6/2006 |     Change, % |
--------------------------------------------------------------------------------
| sector, EUR million             |             |              |               |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Paving and Mineral Aggregates   |         1.5 |        -11.6 |      Over 100 |
| Division                        |             |              |               |
--------------------------------------------------------------------------------
| Building Materials Division     |         3.4 |          0.1 |      Over 100 |
--------------------------------------------------------------------------------
| Lemcon Ltd                      |         6.5 |          7.2 |          -9,7 |
--------------------------------------------------------------------------------
| Oy Alfred A. Palmberg Ab        |        31.9 |         21.9 |          45,7 |
--------------------------------------------------------------------------------
| Tekmanni Oy                     |         4.6 |          2.4 |          91,7 |
--------------------------------------------------------------------------------
| Others                          |        -2.6 |         -1.0 |      Over 100 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Group, total                    |        45.3 |         18.9 |      Over 100 |
--------------------------------------------------------------------------------

The Company's cash funds at the end of the review period were EUR 55.3 million  
(47.4) and the net interest-bearing debt EUR 391.2 million (379.2). The equity  
ratio was 26.6% (23.1) and net gearing 146.0% (186.4).                          

The Group's order book grew 23.6% and at the end of the review period was EUR   
1,622.0 million (1,312.1). The market breakdown of the order book was Finland   
72.3% (73.5), other Nordic countries 14.6% (13.6), Eastern Europe and the Baltic
states 10.4% (10.3), and other countries 2.7% (2.6).                            

BUSINESS SECTORS                                                                

Paving and Mineral Aggregates Division                                          

The H1 net sales of the Paving and Mineral Aggregates Division rose 25.7% to EUR
215.9 million (171.8). The Division generated 49.5% (51.3) of its net sales in  
Finland, 32.8% (30.4) in other Nordic countries, and 17.7% (18.3) in the Baltic 
states and Eastern Europe.                                                      

The Division's operating profit was EUR 1.5 million (operating loss 11.6). The  
exceptionally early start of the asphalt paving season as well as good demand   
for mineral aggregates and ready-mix concrete had a positive impact on the      
Division's result. The order book grew 3.7% and at the end of the review period 
was EUR 325.2 million (313.5), of which operations abroad accounted for 51.0%   
(54.6).                                                                         
Lemminkäinen expanded its operation in Estonia by acquiring a majority stake in 
Lõhketööd OŰ on 25 May 2007. This construction company was founded in 1992 and  
operates in Estonia as a specialist in quarrying, blasting and demolition works.
The net sales of Lõhketööd OŰ in 2006 were approx. EUR 1.5 million.             
The sale of Lemminkäinen's Swedish subsidiary Kvalitetsasfalt i Mellansverige AB
to Peab Asfalt AB was approved in the review period. The transfer of ownership  
became effective on 7 August 2007. The transaction has no significant bearing on
Lemminkäinen's result.                                                          
In Finland the total volume of asphalt paving is likely to remain at last year's
level, but intense competition is expected to continue. In Denmark the          
reorganisation of local government delayed the municipal procurement of paving  
works this season. In Norway appropriations for road maintenance have been      
increased but the competitive tendering processes are relatively long. In the   
Baltic states EU funding is increasing the number of highway projects.          
On-going infrastructure projects and the continuing strength of building        
contracting are expected to sustain the good level of demand for stone crushing 
contracting and ready-mix concrete. From time to time there are local shortages 
of the cement required for concrete production.                                 

Building Materials Division                                                     

The H1 net sales of the Building Materials Division rose 40.0% to EUR 58.1      
million (41.5). The Division generated 10.3% (7.6) of its net sales abroad,     
mainly in Sweden, Estonia and Eastern Europe.                                   

The Division's operating profit was EUR 3.4 million (0.1). The order book rose  
31.7% and at the end of the review period was EUR 46.5 million (35.3).          

The factors contributing to the good result were strong demand, the acquisitions
made this year and in 2006, and the efficiency improvement measures implemented 
in Lemminkäinen Betonituote Oy in 2006 and previous years.                      
The order book is good in all of the Division's business areas. Exports of      
roofing materials, especially to Eastern Europe, have continued to grow quickly.
Demand for roofing contracting and urban environment construction was good.     
Roofing contracting has been hampered periodically by long delivery times for   
mineral wool insulation material. There have also been problems in the          
availability of cement for the production of prefabricated concrete elements.   
During the review period Lemminkäinen acquired full ownership of K.M. Repo Oy.  
The company is based in Savonlinna, where it produces prefabricated concrete    
elements and ready-mix concrete. Its net sales in 2006 were EUR 13.5 million.   
The company now operates under the name Elemento Oy Savonlinna.                 
The Division's good order and favourable profitability provide a positive       
outlook for the remainder of the year.                                          

Lemcon Ltd                                                                      

Lemcon's H1 net sales declined 4.7% to EUR 164.6 million (172.7). The company   
generated 58.9% (40.4) of its net sales in Finland, 11.6% (10.2) in other Nordic
countries, 7.2% (31.8) in Eastern Europe and the Baltic states, 14.3% (11.2) in 
North and South America, and 8.0% (6.4) in other countries.                     

The company's operating profit was EUR 6.5 million (7.2) and the profit before  
taxes was EUR 6.0 million (6.5). The order book grew 15% and at the end of the  
review period was EUR 399.4 million (347.2), of which international business    
accounted for 60.7% (42.3).                                                     

Lemcon's infrastructure order book as a whole is reasonably good. The largest of
its on-going contracts will be completed in 2008-2010.                          

Lemcon Networks is believed to have good new business opportunities, most       
notably in Asia, South America and Africa.                                      

Legal proceedings arising from IKEA's termination of the construction contract  
for the MEGA shopping centre in St. Petersburg are now underway in the court of 
arbitration in Stockholm.                                                       

Demand for Lemcon's project management services in Finland remains good this    
year thanks to brisk commercial and office construction. Abroad, the emphasis is
on industrial construction and the company is actively involved in Finnish      
industry's plant-building projects. For example, preparations are being made for
some major forest industry investments in different parts of the world. In      
Russia, demand for residential and office buildings is still quite strong, and  
especially inward investments by foreign industrial companies have increased.   

Oy Alfred A. Palmberg Ab                                                        

The H1 net sales of Palmberg Group, Lemminkäinen's specialist building          
contractor, grew 33.9% to EUR 363.2 million (271.3). Business in Sweden         
accounted for 7.2% (7.7) of net sales.                                          

The company's operating profit grew 45.7% to EUR 31.9 million (21.9). The profit
before taxes was EUR 30.1 million (18.5). The order book grew 37.4% to EUR 744.9
million (542.1), of which international operations accounted for 4.7% (5.0).    

The Palmberg Group's order book at the end of the review period was an all-time 
high. The good result was influenced especially by the sustained level of       
activity in the commercial construction sector, the favourable development of   
the commercial property market, increased interest in the Finnish property      
market among foreign investors and their lower requirements for investment      
returns.                                                                        
According to the Confederation of Finnish Construction Industries, about 33,000 
(33,353) new housing starts are likely to be made in Finland this year. Palmberg
Group made 450 new private-sector housing starts during the review period, which
is considerably fewer than in the first half of last year (842). The decline in 
the number of new starts is partly due to the shortage of skilled workers,      
especially foremen. Delivery times for some building products have become longer
and prices have risen faster than usual. The number of housing starts has also  
been affected by the prolongation of permit processes and in some cases local   
demand factors and the commitment of resources to other production. Palmberg    
expects to make starts on 1,000 housing units this year, compared with 1,558    
units in 2006.                                                                  

--------------------------------------------------------------------------------
| Palmberg's private-sector        |    1-6/2007 |     1-6/2006 |    1-12/2006 |
| housing production, units        |             |              |              |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Housing starts                   |         450 |          842 |        1,558 |
--------------------------------------------------------------------------------
| Housing units sold               |         518 |          580 |        1,156 |
--------------------------------------------------------------------------------
| Unsold completed units           |         186 |           62 |           83 |
--------------------------------------------------------------------------------
| Completed                        |         711 |          371 |        1,173 |
--------------------------------------------------------------------------------
| Under construction               |       1,437 |        1,717 |        1,698 |
--------------------------------------------------------------------------------

At the end of the review period Palmberg owned a total of 780,000 m2 of unused  
building rights, of which about 510,000 m2 were residential building rights. The
company also has conditional co-operation and zoning agreements for a further   
520,000 m2, of which about 370,000 m2 are residential building rights. Market   
conditions permitting, the company has the possibility to increase its housing  
production thanks to the good stock of building plots. At the present rate of   
production the company owns enough unused building rights to meet its needs for 
over four years.                                                                

The Palmberg Group acquired the Uusikaarlepyy-based construction firm Rakennus  
Kronqvist Oy/Byggteam Kronqvist Ab during the review year. The company's net    
sales in 2006 were EUR 4.2 million.                                             

The Palmberg Group's subsidiary Oka Oy has agreed to purchase the business      
operations of the Imatra-based construction company Sulo Lipsanen Oy. The       
acquisition will strengthen the prerequisites for Palmberg's building           
contracting in Imatra area in south-eastern Finland and Russia. Closure of the  
deal will take place in autumn 2007. Sulo Lipsanen Oy's net sales in 2006 were  
EUR 7 million.                                                                  

Building construction in Finland is expected to remain at a good level this     
year. Commercial and office construction will grow and demand for logistics and 
warehouse construction will increase. Palmberg's business has developed well and
the favourable trend is expected to continue for the remainder of the year.     

Tekmanni Oy                                                                     

Tekmanni's business areas are technical building services, technical facility   
services and industrial services.                                               

Tekmanni's H1 net sales rose 17.9% to EUR 103.4 million (87.7). The company     
generated 4.1% (7.3) of its net sales in Sweden and Russia.                     

The company's operating profit was EUR 4.6 million (2.4) and the profit before  
taxes EUR 5.6 million (2.8). The order book grew to EUR 106.0 million (74.0), of
which international business accounted for 4.6% (2.8).                          

Tekmanni's order book grew considerably and achieved a new all-time high for the
company. Brisk commercial and office construction has supported the good level  
of demand for Tekmanni's services. Especially the operations of Tekmanni Service
have grown strongly.                                                            

The company has been restructured by corporatising the operations of local units
in order to improve the standard of regional service. On 1 June 2007 Tekmanni's 
technical building service units in Hyvinkää, Porvoo, Lohja, Kerava, Hämeenlinna
and Forssa were corporatised to form Tekmanni Uusimaa Oy, which is based in     
Hyvinkää. The new company operates as an expert supplier of installation and    
contracting services in the provinces of Uusimaa and Kanta-Häme.                

During the review period Tekmanni acquired a 70% stake in Ab Instel Oy in       
Pietarsaari and full ownership of Sähköraisio Oy. Both companies are engaged in 
electrical contracting and electrical maintenance. The HVAC installation and    
technical building servicing company Uudenkaupungin Rakennus-Putkitus Oy was    
also acquired. After the end of the review period Tekmanni acquired the         
Vantaa-based Jäähdytystaito Oy, which specialises in refrigeration technology.  
The combined net sales of the above-mentioned companies in 2006 were EUR 7      
million.                                                                        

Demand for maintenance, upkeep and repair works in the technical services sector
is expected to remain brisk this year. In the near-term future, the most        
significant contracts for industrial services will be abroad.                   

GROUP'S ORDER BOOK                                                              

Lemminkäinen Group's order book rose 23.6% compared with H1 last year to reach  
an all-time high. The market breakdown of the order book was Finland 72.3%      
(73.5), other Nordic countries 14.6% (13.6), the Baltic states 4.4% (4.8),      
Eastern Europe 6.0% (5.5), and other countries 2.7% (2.6).                      

--------------------------------------------------------------------------------
| Order book by business            |      6/2007 |       6/2006 |    Change,% |
| sector,                           |             |              |             |
| EUR million                       |             |              |             |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Paving and Mineral Aggregates     |       325.2 |        313.5 |         3.7 |
| Division                          |             |              |             |
--------------------------------------------------------------------------------
| Building Materials Division       |        46.5 |         35.3 |        31.7 |
--------------------------------------------------------------------------------
| Lemcon Ltd                        |       399.4 |        347.2 |        15.0 |
--------------------------------------------------------------------------------
| Oy Alfred A. Palmberg Ab          |       744.9 |        542.1 |        37.4 |
--------------------------------------------------------------------------------
| Tekmanni Oy                       |       106.0 |         74.0 |        43.2 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Group total, of which             |     1,622.0 |      1,312.1 |        23.6 |
--------------------------------------------------------------------------------
| International orders              |       449.3 |        347.1 |        29.4 |
--------------------------------------------------------------------------------

Significant orders received during the review period                            
Lemminkäinen Group's Palmberg TKU Oy and Tekmanni Oy have signed contracts      
concerning the building electrical and air conditioning works for phase I of    
Turku University Hospital. The combined value of these contracts is EUR 26.8    
million. (Bulletin 28.6.2007)                                                   
Palmberg has signed a contract with Talvivaara Projekti Oy. The contract        
concerns concrete work of the Talvivaara nickel mine project and is worth EUR 15
million. Lemminkäinen Group's Forssan Betoni Oy earlier made a contract with    
Talvivaara Projekti Oy concerning the delivery of 45,000 m³ of concrete for the 
whole project. The contract will be completed in June 2008. (Bulletin 26.6.2007)

Lemcon Ltd has signed an agreement 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 and some 15-20 production plants 
and logistics centres will be located there. (Bulletin 20.6.2007)               

Oy Alfred A. Palmberg Ab will carry out the modernisation of a former military  
hospital at Tilkka. The construction works encompass 12,000 m² and are worth EUR
23 million. The contract will be completed in summer 2008.                      

Lemcon Ltd has been awarded a EUR 54 million contract to build a railway tunnel 
on the Ådalsbana line in Sweden. The Kroksberg tunnel will be completed in 2010.
(Bulletin 26.4.2007)                                                            

Lemminkäinen Corporation and the Finnish Road Administration have signed a      
service agreement whereby the Company assumes responsibility for the condition  
of the main roads in the Häme, Uusimaa and Turku road districts of Finland for a
period of 12 years. The agreement is worth approx. EUR 40 million. (Bulletin    
19.4.2007).                                                                     

Lemcon Ltd has signed an agreement with Oy Gustav Paulig Ab concerning the      
construction of office, warehousing and production facilities for a new roasting
plant at Vuosaari Harbour in Helsinki. The project will be carried out as a     
project management contract and will be completed in June 2009. (Bulletin       
5.4.2007)                                                                       

Significant orders received after the review period                             

Tekmanni Service Oy and Oy Teboil Ab have made an agreement on maintenance      
services for Teboil's fuel distribution network. Tekmanni Service will supply   
technical building and maintenance services to petrol stations belonging to     
Teboil's distribution network. About 500 distribution points are within the     
scope of the contract. (Bulletin 30.7.2007)                                     

Lemcon will build a lightweight concrete production plant some 75 kilometres    
southwest of St. Petersburg at Volosovo for H+H International A/S. The company  
will also build an office and logistics centre in Moscow for Tikkurila Oy, and  
will carry out the construction works for the enlargement of Nokian Tyres's     
production plant in St. Petersburg. The combined value of the new Russian       
construction contracts is approx. EUR 40 million. Work has already begun on the 
building sites and the contracts will be completed during 2008. (Bulletin       
1.8.2007)                                                                       

In Hungary a logistics centre is to be built for Nokia at an industrial park in 
the city of Komorom. The contract is worth EUR 8.5 million and the building will
be completed by the end of this year.                                           

FINANCING                                                                       

According to the source and application of funds statement, the cash flow from  
operating activities was EUR -54.8 million (-112.5), the cash flow from         
investing activities EUR -19.3 million (-17.1) and the cash flow from financing 
activities EUR 68.6 million (135.0). The cash flow for the review period        
includes dividends totalling EUR 27.4 million (18.1) for 2006.                  

Interest-bearing liabilities at the end of the review period were EUR 446.6     
million (426.6) and liquid funds were EUR 55.3 million (47.4). Interest-bearing 
net debt was EUR 391.2 million (379.2).                                         

The company is applying hedge accounting to interest rate swap agreements taken 
out to hedge variable-rate loans tied to the 6-month Euribor rate and nominally 
valued at EUR 80.0 million. The hedges have been made effective and the changes 
in fair value of the interest rate swap agreements are recognised in equity     
through the revaluation reserve in accordance with the accounting principles of 
the financial statements.                                                       

Net financing expenses were EUR 6.3 million (7.1), representing 0.7% (1.0) of   
net sales. The equity ratio was 26.6% (23.1) and net gearing 146.0% (186.4).    


SHARES AND SHARE CAPITAL                                                        

The listed price of Lemminkäinen Corporation's share was EUR 36.10 (30.50) at   
the beginning and EUR 52.45 (29.28) at the end of the review period. The market 
capitalisation at the end of the review period was EUR 892.8 million (498.4).   
Altogether 3,139,388 shares (1,984,384) worth EUR 141.3 million (68.4) were     
traded in the first half of the year. At the end of the review period the       
Company had 3,357 (3,381) shareholders.                                         

Lemminkäinen's share capital is EUR 34,042,500 and the share's nominal value is 
EUR 2. The company has one share series and the total number of issued shares is
17,021,250.                                                                     

INVESTMENTS                                                                     

Investments in the accounting period amounted to EUR 37.4 million (31.4). The   
investments were mainly purchases of paving, crushing and excavation equipment, 
production plant for building materials, and building construction equipment.   
The investments also include acquisitions of businesses and enterprises.        

PERSONNEL                                                                       

The average number of employees in the Group over the review period was 8,762   
(7,955). 72% (74) of the employees were working in Finland, 11% (10) in other   
Nordic countries, 11% (10) in the Baltic states, and 6% (7) in other countries. 


--------------------------------------------------------------------------------
| Personnel, average                |    1-6/2007 |     1-6/2006 |    Change,% |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Hourly paid employees             |       5,662 |        5,069 |        11.7 |
--------------------------------------------------------------------------------
| Salaried staff                    |       3,100 |        2,886 |         7.4 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Personnel, total, of whom         |       8,762 |        7,955 |        10.1 |
--------------------------------------------------------------------------------
| working abroad                    |       2,482 |        2,080 |        19.3 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Personnel and the end             |             |              |             |
--------------------------------------------------------------------------------
| of the review period              |      10,397 |        9,415 |        10.4 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Wages, salaries and other         |             |              |             |
--------------------------------------------------------------------------------
| remuneration, EUR million         |       147.3 |        129.2 |        14.0 |
--------------------------------------------------------------------------------




GROUP STRUCTURE                                                                 

With effect from 1 January 2008, Lemminkäinen Group will be organised into four 
business sectors instead of the present five. These four business sectors will  
be infrastructure construction, building contracting, technical building and    
facility services and the building materials industry. The Group's parent       
company, Lemminkäinen Corporation, will not have any business operations after 1
January 2008. (Bulletin 7.6.2007)                                               

The new structure will support the business strategy approved for Lemminkäinen  
Group in February 2007.                                                         

Infrastructure construction and building contracting, which are the Group's     
largest business sectors, will be corporatised. The names of the companies thus 
formed will be decided at a later date.                                         

The infrastructure construction company will comprise Lemminkäinen Corporation's
Paving and Mineral Aggregates Division and Lemcon Ltd's infra business (Lemcon  
Infra). The building contracting company will consist of the Palmberg Group and 
all the operations of Lemcon Ltd except for Lemcon Infra.                       

The managing director of the infrastructure construction company with effect    
from 1 January 2008 will be Mr. Timo Kohtamäki, Lic.Tech. (b. 1963), who        
currently acts as the Head of Lemcon Infra. On the same date Mr. Juha Nurmi,    
M.Sc.(Eng.) (b. 1955), who is the Managing Director of Lemcon Networks Ltd, will
take up the position of managing director of the building contracting company.  
The Managing Director of Oy Alfred A. Palmberg Ab, Mr. Risto Bono, and the      
Managing Director of Lemcon Ltd., Mr. Matti A. Mantere, will retire in          
accordance with their respective contracts.                                     

The reorganisation is described on the Group's website at www.lemminkainen.com. 


FCA's ALLEGATIONS CONCERNING THE ASPHALT PAVING AND BITUMINOUS ROOFING          
INDUSTRIES                                                                      

In March 2004 the Finnish Competition Authority (FCA) proposed to the Market    
Court that a sanction of EUR 68 million should be imposed on Lemminkäinen in    
connection with the operation of an alleged cartel in the asphalt paving        
industry. In its rejoinder submitted to the Market Court, Lemminkäinen denied   
the FCA's allegations as being unfounded in all respects and called for the     
Market Court to dismiss the FCA's sanction proposal in its entirety. The Market 
Court expects to give its decision after the 2007 summer holiday recess. The    
parties will have an opportunity to appeal the Market Court's decision to the   
Supreme Administrative Court.                                                   

The FCA closed its investigation of the alleged prohibited exchanges of         
information in the bituminous roofing industry in the years 1996-2002. On 16    
February 2007 the FCA announced its decision to close the case without proposing
any sanctions against companies in the industry. (Bulletin 16.2.2007)           



RISKS AND UNCERTAINTIES                                                         

Lemminkäinen's business risks are divided into six categories: market risks,    
project risks, financing risks, credit loss risks, environmental risks, and     
accidents and damage. Lemminkäinen has specified the measures necessary to      
control its most significant known risks.                                       

Lemminkäinen's most significant risks and their management are described in     
greater detail in the 2006 year-end financial statements, the 2006 Annual Report
and on the Company's website. During the review period Lemminkäinen's management
did not identify any new risks or uncertainties that, if realised, would have a 
significant bearing on the Group's business.                                    


ENVIRONMENT                                                                     

Lemminkäinen Group takes account of life cycle and environmental perspective    
when developing its operations, products and services.                          

The Group performs risk assessments on the environmental effects of its         
activities. The risks relate mainly to oil storage and handling, waste          
management and production plant emissions. The life time and environmental      
impacts of concrete and bitumen-based products are assessed in studies which    
clarify the environmental impacts of the products over their entire life cycles.

During the review period Lemminkäinen Corporation made a donation of EUR 100,000
to John Nurminen Foundation's Clean Baltic Sea project. Additionally, Lemcon Ltd
will contribute by making its project management skills available to the        
project. The aim of the project is to start-up the chemical removal of          
phosphorous at St. Petersburg's largest wastewater treatment plants, and thus to
reduce eutrophication of the Baltic Sea perceptibly, quickly and                
cost-effectively.  (Bulletin 1.2.2007).                                         
                                                                                

ADMINISTRATION AND DECISIONS OF THE ANNUAL GENERAL MEETING                      

On 16 March 2007 Lemminkäinen Corporation's Annual General Meeting adopted the  
Company's final accounts for 2006 and granted the Managing Director and the     
members of the Board of Directors freedom from responsibility. The Annual       
General Meeting decided in accordance with the Board of Directors' proposal to  
pay a dividend of EUR 1.50 per share, i.e. a total dividend pay-out of EUR      
25,531,875.00. The dividend's record date was 21 March 2007 and the payment date
was 28 March 2007.                                                              

Messrs. Berndt Brunow, Heikki Pentti, Teppo Taberman and Sakari Tamminen were   
re-elected to serve as members of the Board of Directors. Ms. Kristina Pentti,  
M.Sc. (Econ.) was newly elected to serve as a board member. The Board of        
Directors elected Heikki Pentti to serve as Chairman of the Board and Teppo     
Taberman to serve as Vice-chairman. PricewaterhouseCoopers Oy, a firm of        
authorised public accountants, was re-elected to serve as the Company's auditor,
with Jan Holmberg APA acting as the chief auditor.                              


FAVOURABLE OUTLOOK FOR 2007                                                     

The outlook for construction is positive and Lemminkäinen's order book is       
strong. There are good prerequisites for the favourable development of          
Lemminkäinen's business operations in 2007. The Group's net sales will rise and 
the result is expected to clearly improve.                                      


Helsinki, 9 August 2007                                                         

LEMMINKÄINEN CORPORATION                                                        
Board of Directors                                                              
                                                                                




































TABULATED SECTION OF THE INTERIM FINANCIAL REVIEW                               
ACCOUNTING PRINCIPLES                                                           
This interim financial review has been prepared in accordance with IFRS         
measurement and recognition principles, and it conforms to the IAS 34 Interim   
Financial Reporting standard. The accounting principles used in the annual      
financial statements for 2006 have also been observed in the preparation of this
interim financial review.                                                       

In the review period the Group has applied hedge accounting to interest rate    
swap agreements used to hedge specific variable-rate loans and also to financial
instruments used to hedge net foreign investments. The change in fair value of  
interest rate swap agreements is recognised directly in equity through the      
revaluation reserve to the extent that the hedging relationship is effective.   
The ineffective part is recognised on the income statement under financial      
income and expenses.                                                            

From 1.1.2007 the Group has adopted the following new standards and             
interpretations:                                                                
- IAS 1 (Amendment) Capital Disclosures - Capital disclosure in financial       
statements                                                                      
- IFRS 7 Financial Instruments; Disclosures                                     
- IFRIC 7 Applying the Restatement Approach under IAS 29, Financial Reporting in
   Hyperinflationary Economies                                                  
- IFRIC 8 Scope of IFRS 2                                                       
- IFRIC 9 Reassessment of Embedded Derivatives                                  
- IFRIC 10 Interim Financial Reporting and Impairment                           

The adoption of these new and revised standards and interpretations affects     
mainly the Notes to the Financial Statements.                                   

The information contained in the interim financial review has not been audited. 













FINANCIAL STATEMENTS AND OTHER TABULATED INFORMATION                            
1) Consolidated income statement                                                
2) Consolidated balance sheet                                                   
3) Statement of source and application of funds                                 
4) Statement of changes in equity                                               
5) Consolidated income statement, quarterly                                     
6) Net sales by business sector                                                 
7) Net sales by business sector, quarterly                                      
8) Operating profit by business sector                                          
9) Operating profit by business sector, quarterly                               
10) Economic trends and financial indicators                                    
11) Share-specific indicators                                                   
12) Tangible assets                                                             
13) Divested businesses                                                         
14) Acquired businesses                                                         
15) Related-party transactions                                                  
16) Guarantees and contingent liabilities                                       



--------------------------------------------------------------------------------
| 1) CONSOLIDATED INCOME STATEMENT                                   |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| EUR mill.                |  06/2007 | 06/2006 |  Change | Change,  | 12/2006 |
|                          |          |         |         |    %     |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Net sales                |    879.9 |   731.2 |   148.7 |     20.3 | 1,795.9 |
--------------------------------------------------------------------------------
| Other operating income   |     10.5 |     6.0 |     4.5 |     75.0 |    17.1 |
--------------------------------------------------------------------------------
| Operating expenses       |    831.3 |   704.1 |   127.2 |     18.1 | 1,670.0 |
--------------------------------------------------------------------------------
| Depreciation             |     13.8 |    14.2 |    -0.4 |     -2.8 |    35.0 |
--------------------------------------------------------------------------------
| Operating profit         |     45.3 |    18.9 |    26.4 | over 100 |   108.1 |
--------------------------------------------------------------------------------
| Financial expenses       |      9.2 |     7.9 |     1.3 |     16.5 |    18.2 |
--------------------------------------------------------------------------------
| Financial income         |      2.9 |     0.8 |     2.1 | over 100 |     3.3 |
--------------------------------------------------------------------------------
| Share of the results of  |          |         |         |          |         |
--------------------------------------------------------------------------------
| affiliated companies     |      0.0 |    -0.2 |     0.2 |    100.0 |     1.1 |
--------------------------------------------------------------------------------
| Result before taxes      |     38.9 |    11.6 |    27.3 | over 100 |    94.2 |
--------------------------------------------------------------------------------
| Income taxes             |     -9.0 |    -3.0 |    -6.0 | over 100 |   -21.3 |
--------------------------------------------------------------------------------
| Result for the           |          |         |         |          |         |
--------------------------------------------------------------------------------
| accounting period        |     29.9 |     8.6 |    21.3 | over 100 |    72.9 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Distribution of the result for the accounting period               |         |
--------------------------------------------------------------------------------
| To shareholders of       |          |         |         |          |         |
--------------------------------------------------------------------------------
| the parent company       |     26.5 |     5.3 |    21.2 | over 100 |    65.8 |
--------------------------------------------------------------------------------
| To minority interests    |      3.4 |     3.3 |     0.1 |      3.0 |     7.1 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| EPS calculated from result attributable to parent company shareholders       |
--------------------------------------------------------------------------------
| Earnings per share, EUR  |     1.55 |    0.31 |         |          |    3.87 |
--------------------------------------------------------------------------------
| Earnings per share,      |          |         |         |          |         |
--------------------------------------------------------------------------------
| EUR, diluted             |     1.55 |    0.31 |         |          |    3.87 |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| 2) CONSOLIDATED BALANCE SHEET                                      |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| EUR mill.   |       |    |          | 06/2007 | 06/2006 |          | 12/2006 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Non-current assets                  |         |         |          |         |
--------------------------------------------------------------------------------
| Tangible assets                     |   178.5 |   175.8 |          |   169.4 |
--------------------------------------------------------------------------------
| Goodwill                            |    75.8 |    67.1 |          |    68.2 |
--------------------------------------------------------------------------------
| Other intangible assets             |     2.5 |     2.6 |          |     2.5 |
--------------------------------------------------------------------------------
| Investments                         |     9.6 |     8.2 |          |     9.4 |
--------------------------------------------------------------------------------
| Deferred tax asset                  |     8.0 |     9.7 |          |     4.3 |
--------------------------------------------------------------------------------
| Other non-current receivables       |     2.9 |     1.6 |          |     2.2 |
--------------------------------------------------------------------------------
| Total                               |   277.2 |   265.1 |          |   255.9 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Current assets                      |         |         |          |         |
--------------------------------------------------------------------------------
| Inventories                         |   302.9 |   266.0 |          |   281.9 |
--------------------------------------------------------------------------------
| Trade and other receivables         |   476.7 |   381.9 |          |   340.7 |
--------------------------------------------------------------------------------
| Cash funds                          |    55.3 |    47.4 |          |    60.6 |
--------------------------------------------------------------------------------
| Total                               |   834.9 |   695.3 |          |   683.2 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Assets, total                       | 1,112.1 |   960.4 |          |   939.2 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Shareholders' equity and            |         |         |          |         |
| liabilities                         |         |         |          |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Equity attributable to shareholders of the parent company                    |
--------------------------------------------------------------------------------
| Share capital                       |    34.0 |    34.0 |          |    34.0 |
--------------------------------------------------------------------------------
| Share premium account               |     5.8 |     5.8 |          |     5.8 |
--------------------------------------------------------------------------------
| Revaluation reserve                 |     0.6 |     0.1 |          |     0.1 |
--------------------------------------------------------------------------------
| Translation differences             |     0.3 |     0.1 |          |     0.1 |
--------------------------------------------------------------------------------
| Retained earnings                   |   182.5 |   142.2 |          |   142.2 |
--------------------------------------------------------------------------------
| Result for the period               |    26.5 |     5.3 |          |    65.8 |
--------------------------------------------------------------------------------
| Shareholders' equity                |         |         |          |         |
--------------------------------------------------------------------------------
| before minority interest            |   249.6 |   187.7 |          |   248.0 |
--------------------------------------------------------------------------------
| Minority interest                   |    18.3 |    15.8 |          |    19.7 |
--------------------------------------------------------------------------------
| Shareholders' equity, total         |   267.9 |   203.4 |          |   267.7 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Non-current liabilities             |         |         |          |         |
--------------------------------------------------------------------------------
| Deferred tax liabilities            |    17.8 |    14.4 |          |    14.6 |
--------------------------------------------------------------------------------
| Pension liabilities                 |     0.9 |     0.4 |          |     1.1 |
--------------------------------------------------------------------------------
| Provisions                          |     2.1 |     2.3 |          |     1.7 |
--------------------------------------------------------------------------------
| Interest-bearing liabilities        |   167.7 |   101.2 |          |    91.2 |
--------------------------------------------------------------------------------
| Other liabilities                   |     1.7 |     2.5 |          |     1.7 |
--------------------------------------------------------------------------------
| Total                               |   190.1 |   120.7 |          |   110.3 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Current liabilities                 |         |         |          |         |
--------------------------------------------------------------------------------
| Accounts payable and other          |   369.6 |   307.5 |          |   303.0 |
| liabilities                         |         |         |          |         |
--------------------------------------------------------------------------------
| Provisions                          |     5.5 |     3.4 |          |     5.7 |
--------------------------------------------------------------------------------
| Interest-bearing liabilities        |   278.9 |   325.4 |          |   252.5 |
--------------------------------------------------------------------------------
| Total                               |   654.0 |   636.3 |          |   561.1 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Shareholders' equity and            | 1,112.1 |   960.4 |          |   939.2 |
| liabilities, total                  |         |         |          |         |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| 3) STATEMENT OF SOURCE AND APPLICATION OF FUNDS                    |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| EUR mill.   |       |    |          | 06/2007 | 06/2006 |          | 12/2006 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Result before extraordinary items   |    38.9 |    11.6 |          |    94.2 |
--------------------------------------------------------------------------------
| Depreciation according to plan      |    13.8 |    14.2 |          |    35.0 |
--------------------------------------------------------------------------------
| Other adjustments                   |    -1.5 |     3.2 |          |     4.1 |
--------------------------------------------------------------------------------
| Cash flow before change in working  |    51.2 |    29.0 |          |   133.3 |
| capital                             |         |         |          |         |
--------------------------------------------------------------------------------
| Change in working capital           |   -84.8 |  -126.1 |          |  -109.3 |
--------------------------------------------------------------------------------
| Financial items                     |    -6.9 |    -4.5 |          |   -11.9 |
--------------------------------------------------------------------------------
| Direct taxes paid                   |   -14.3 |   -10.9 |          |   -19.2 |
--------------------------------------------------------------------------------
| Cash flow from operating activities |   -54.8 |  -112.5 |          |    -7.2 |
--------------------------------------------------------------------------------
| Cash flow provided by investing     |    18.1 |     9.3 |          |    24.4 |
| activities                          |         |         |          |         |
--------------------------------------------------------------------------------
| Cash flow used in investing         |   -37.4 |   -26.3 |          |   -38.9 |
| activities                          |         |         |          |         |
--------------------------------------------------------------------------------
| Change in non-current receivables   |    -0.9 |    -0.9 |          |    -1.4 |
--------------------------------------------------------------------------------
| Drawings of loans                   |   217.8 |   250.9 |          |   273.6 |
--------------------------------------------------------------------------------
| Repayments of loans                 |  -120.9 |   -96.9 |          |  -213.4 |
--------------------------------------------------------------------------------
| Dividends paid                      |   -27.4 |   -18.1 |          |   -18.5 |
--------------------------------------------------------------------------------
| Cash flow from financing activities |    68.6 |   135.0 |          |    40.4 |
--------------------------------------------------------------------------------
| Change in cash funds                |    -5.5 |     5.4 |          |    18.8 |
--------------------------------------------------------------------------------
| Cash funds at beginning of period   |    60.6 |    42.4 |          |    42.4 |
--------------------------------------------------------------------------------
| Translation difference of cash      |     0.2 |    -0.5 |          |    -0.6 |
| funds                               |         |         |          |         |
--------------------------------------------------------------------------------
| Cash funds at end of period         |    55.3 |    47.4 |          |    60.6 |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| 4) STATEMENT OF CHANGES IN EQUITY                                 |          |
--------------------------------------------------------------------------------
|             |       |  Share |  Trans- | Reval |         |            Share- |
|             |       |        |         |    u- |         |                   |
--------------------------------------------------------------------------------
| EUR mill.   | Share | premiu |  lation | ation | Retaine | Minori | holders' |
|             |       |      m |         |       |       d |     ty |          |
--------------------------------------------------------------------------------
|             capital | accoun | differe | reser | earning | intere |   equity |
|                     |      t |     nce |    ve |       s |     st |    total |
--------------------------------------------------------------------------------
| Shareholders'       |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| equity,     |  34.0 |    5.8 |     0.4 |   1.5 |   159.2 |   14.6 |    215.5 |
| 1.1.2006    |       |        |         |       |         |        |          |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Translation         |        |    -0.1 |       |         |        |     -0.1 |
| difference          |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| Hedging of net      |        |         |       |         |        |          |
| investment          |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| in foreign          |        |    -0.1 |       |         |        |     -0.1 |
| subsidiary          |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| Change in fair      |        |         |   0.0 |         |        |      0.0 |
| value               |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| Effect of sold      |        |         |  -1.3 |         |        |     -1.3 |
| shares              |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| Dividend            |        |         |       |   -17.0 |        |    -17.0 |
| distribution        |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| Result for the      |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| accounting period   |        |         |       |     5.3 |    3.3 |      8.6 |
--------------------------------------------------------------------------------
| Change in minority  |        |         |       |         |   -2.1 |     -2.1 |
| interest            |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| Shareholders'       |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| equity,     |  34.0 |    5.8 |     0.2 |   0.2 |   147.5 |   15.8 |    203.4 |
| 30.6.2006   |       |        |         |       |         |        |          |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
|             |       |  Share |  Trans- | Reval |         |            Share- |
|             |       |        |         |    u- |         |                   |
--------------------------------------------------------------------------------
| EUR mill.   | Share | premiu |  lation | ation | Retaine | Minori | holders' |
|             |       |      m |         |       |       d |     ty |          |
--------------------------------------------------------------------------------
|             capital | accoun | differe | reser | earning | intere |   equity |
|                     |      t |     nce |    ve |       s |     st |    total |
--------------------------------------------------------------------------------
| Shareholders'       |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| equity,     |  34.0 |    5.8 |     0.4 |   1.5 |   159.2 |   14.6 |    215.5 |
| 1.1.2006    |       |        |         |       |         |        |          |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Translation         |        |    -0.5 |       |         |        |     -0.5 |
| difference          |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| Hedging of net      |        |         |       |         |        |          |
| investment          |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| in foreign          |        |     0.3 |       |         |        |      0.3 |
| subsidiary          |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| Change in fair      |        |         |   0.1 |         |        |      0.1 |
| value               |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| Effect of sold      |        |         |  -1.5 |         |        |     -1.5 |
| shares              |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| Reversal of         |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| dividend liability  |        |         |       |     0.0 |        |      0.0 |
--------------------------------------------------------------------------------
| Dividend            |        |         |       |   -17.0 |        |    -17.0 |
| distribution        |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| Result for the      |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| accounting period   |        |         |       |    65.8 |    7.1 |     72.9 |
--------------------------------------------------------------------------------
| Change in minority  |        |         |       |         |   -2.0 |     -2.0 |
| interest            |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| Shareholders'       |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| equity,     |       |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| 31.12.2006  |  34.0 |    5.8 |     0.1 |   0.1 |   208.0 |   19.7 |    267.7 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
|             |       |  Share |  Trans- | Reval |         |            Share- |
|             |       |        |         |    u- |         |                   |
--------------------------------------------------------------------------------
| EUR mill.   | Share | premiu |  lation | ation | Retaine | Minori | holders' |
|             |       |      m |         |       |       d |     ty |          |
--------------------------------------------------------------------------------
|             capital | accoun | differe | reser | earning | intere |   equity |
|                     |      t |     nce |    ve |       s |     st |    total |
--------------------------------------------------------------------------------
| Shareholders'       |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| equity,     |  34.0 |    5.8 |     0.1 |   0.1 |   208.0 |   19.7 |    267.7 |
| 1.1.2007    |       |        |         |       |         |        |          |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Translation         |        |     0.6 |       |         |        |      0.6 |
| difference          |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| Hedging of net      |        |         |       |         |        |          |
| investment          |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| in foreign          |        |    -0.4 |       |         |        |     -0.4 |
| subsidiary          |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| Cash flow hedges    |        |         |   0.5 |         |        |      0.5 |
--------------------------------------------------------------------------------
| Change in fair      |        |         |   0.0 |         |        |      0.0 |
| value               |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| Reversal of         |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| dividend liability  |        |         |       |     0.0 |        |      0.0 |
--------------------------------------------------------------------------------
| Dividend            |        |         |       |   -25.5 |        |    -25.5 |
| distribution        |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| Result for the      |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| accounting period   |        |         |       |    26.5 |    3.4 |     29.9 |
--------------------------------------------------------------------------------
| Change in minority  |        |         |       |         |   -4.8 |     -4.8 |
| interest            |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| Shareholders'       |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| equity,             |        |         |       |         |        |          |
--------------------------------------------------------------------------------
| 30.6.2007   |  34.0 |    5.8 |     0.3 |   0.6 |   209.0 |   18.3 |    267.9 |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| 5) CONSOLIDATED INCOME STATEMENT, QUARTERLY                        |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
|              | 10-12 |   1-3/ |    4-6/ |  7-9/ |  10-12/ |   1-3/ |    4-6/ |
|              |     / |        |         |       |         |        |         |
--------------------------------------------------------------------------------
| EUR mill.    |  2005 |   2006 |    2006 |  2006 |    2006 |   2007 |    2007 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Net sales    | 429.5 |  303.5 |   427.8 | 573.9 |   490.8 |  328.0 |   551.9 |
--------------------------------------------------------------------------------
| Other opera- |       |        |         |       |         |        |         |
--------------------------------------------------------------------------------
| ting income  |   2.8 |    3.9 |     2.1 |   2.5 |     8.5 |    7.9 |     2.6 |
--------------------------------------------------------------------------------
| Operating    |       |        |         |       |         |        |         |
--------------------------------------------------------------------------------
| expenses     | 409.6 |  309.2 |   394.9 | 507.9 |   458.0 |  330.8 |   500.5 |
--------------------------------------------------------------------------------
| Depreciation |   7.4 |    5.0 |     9.2 |  12.8 |     8.0 |    4.9 |     9.0 |
--------------------------------------------------------------------------------
| Operating    |       |        |         |       |         |        |         |
--------------------------------------------------------------------------------
| profit/loss  |  15.3 |   -6.8 |    25.8 |  55.7 |    33.4 |    0.3 |    45.0 |
--------------------------------------------------------------------------------
| Financial    |       |        |         |       |         |        |         |
--------------------------------------------------------------------------------
| expenses     |   2.7 |    2.7 |     5.2 |   4.6 |     5.7 |    4.1 |     5.1 |
--------------------------------------------------------------------------------
| Financial    |   0.9 |    0.8 |     0.0 |   0.4 |     2.1 |    1.0 |     1.9 |
| income       |       |        |         |       |         |        |         |
--------------------------------------------------------------------------------
| Share of the results |        |         |       |         |        |         |
--------------------------------------------------------------------------------
| of affiliated        |        |         |       |         |        |         |
--------------------------------------------------------------------------------
| companies    |   0.0 |   -0.3 |     0.2 |   0.8 |     0.5 |   -0.1 |     0.1 |
--------------------------------------------------------------------------------
| Result       |       |        |         |       |         |        |         |
--------------------------------------------------------------------------------
| before taxes |  13.5 |   -9.1 |    20.7 |  52.3 |    30.3 |   -3.0 |    41.9 |
--------------------------------------------------------------------------------
| Income taxes |  -3.4 |    1.7 |    -4.8 | -12.1 |    -6.1 |    1.1 |   -10.2 |
--------------------------------------------------------------------------------
| Result for the       |        |         |       |         |        |         |
| accounting           |        |         |       |         |        |         |
--------------------------------------------------------------------------------
| period       |  10.1 |   -7.3 |    15.9 |  40.1 |    24.2 |   -1.8 |    31.7 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Distribution of the result for the accounting period                         |
--------------------------------------------------------------------------------
| To shareholders of   |        |         |       |         |        |         |
| the                  |        |         |       |         |        |         |
--------------------------------------------------------------------------------
| parent       |   9.2 |   -8.3 |    13.6 |  38.4 |    22.1 |   -3.7 |    30.2 |
| company      |       |        |         |       |         |        |         |
--------------------------------------------------------------------------------
| To minority  |       |        |         |       |         |        |         |
--------------------------------------------------------------------------------
| interests    |   0.9 |    1.0 |     2.4 |   1.7 |     2.1 |    1.9 |     1.5 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| EPS calculated from result attributable to                                   |
--------------------------------------------------------------------------------
| parent company shareholders                                                  |
--------------------------------------------------------------------------------
| Earnings per share,  |        |         |       |         |        |         |
--------------------------------------------------------------------------------
| EUR          |  0.54 |  -0.49 |    0.80 |  2.26 |    1.30 |  -0.22 |    1.77 |
--------------------------------------------------------------------------------
| Earnings per share,  |        |         |       |         |        |         |
--------------------------------------------------------------------------------
| EUR diluted  |  0.54 |  -0.49 |    0.80 |  2.26 |    1.30 |  -0.22 |    1.77 |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| 6) NET SALES BY BUSINESS SECTOR                                    |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| EUR mill.    |       |    | 06/2007 | 06/2006 |  Change | Change,  | 12/2006 |
|              |       |    |         |         |         |    %     |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Paving and Mineral        |         |         |         |          |         |
--------------------------------------------------------------------------------
| Aggregates Division       |   215.9 |   171.8 |    44.1 |     25.7 |   559.0 |
--------------------------------------------------------------------------------
| Building Materials        |    58.1 |    41.5 |    16.6 |     40.0 |   104.4 |
| Division                  |         |         |         |          |         |
--------------------------------------------------------------------------------
| Lemcon Ltd                |   164.6 |   172.7 |    -8.1 |     -4.7 |   344.0 |
--------------------------------------------------------------------------------
| Oy Alfred A. Palmberg Ab  |   363.2 |   271.3 |    91.9 |     33.9 |   637.5 |
--------------------------------------------------------------------------------
| Tekmanni Oy               |   103.4 |    87.7 |    15.7 |     17.9 |   191.7 |
--------------------------------------------------------------------------------
| Others                    |   -25.3 |   -13.8 |   -11.5 |     83.3 |   -40.7 |
--------------------------------------------------------------------------------
| Group total               |   879.9 |   731.2 |   148.7 |     20.3 | 1,795.9 |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| 7) NET SALES BY BUSINESS SECTOR, QUARTERLY                          |        |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
|                  | 10-12 |   1-3/ |  4-6/ |  7-9/ |  10-12/ |  1-3/ |   4-6/ |
|                  |     / |        |       |       |         |       |        |
--------------------------------------------------------------------------------
| EUR mill.        |  2005 |   2006 |  2006 |  2006 |    2006 |  2007 |   2007 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Paving and Mineral       |        |       |       |         |       |        |
--------------------------------------------------------------------------------
| Aggregates       | 128.8 |   23.9 | 147.8 | 249.6 |   137.7 |  41.9 |  174.0 |
| Division         |       |        |       |       |         |       |        |
--------------------------------------------------------------------------------
| Building Materials       |        |       |       |         |       |        |
--------------------------------------------------------------------------------
| Division         |  19.4 |   11.6 |  29.8 |  37.2 |    25.8 |  18.5 |   39.5 |
--------------------------------------------------------------------------------
| Lemcon Ltd       |  96.9 |  100.9 |  71.8 |  98.8 |    72.5 |  76.2 |   88.5 |
--------------------------------------------------------------------------------
| Oy Alfred A.     |       |        |       |       |         |       |        |
--------------------------------------------------------------------------------
| Palmberg Ab      | 142.2 |  129.7 | 141.7 | 155.2 |   211.0 | 155.3 |  207.9 |
--------------------------------------------------------------------------------
| Tekmanni Oy      |  51.4 |   42.9 |  44.8 |  47.6 |    56.3 |  46.2 |   57.2 |
--------------------------------------------------------------------------------
| Others           |  -9.2 |   -5.6 |  -8.2 | -14.5 |   -12.4 | -10.1 |  -15.2 |
--------------------------------------------------------------------------------
| Group total      | 429.5 |  303.5 | 427.8 | 573.9 |   490.8 | 328.0 |  551.9 |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| 8) OPERATING PROFIT/LOSS BY BUSINESS SECTOR                        |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| EUR mill.    |       |    | 06/2007 | 06/2006 |  Change | Change,  | 12/2006 |
|              |       |    |         |         |         |    %     |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Paving and Mineral        |         |         |         |          |         |
--------------------------------------------------------------------------------
| Aggregates Division       |     1.5 |   -11.6 |    13.1 | over 100 |    35.5 |
--------------------------------------------------------------------------------
| Building Materials        |     3.4 |     0.1 |     3.3 | over 100 |     5.0 |
| Division                  |         |         |         |          |         |
--------------------------------------------------------------------------------
| Lemcon Ltd                |     6.5 |     7.2 |    -0.7 |     -9.7 |    12.5 |
--------------------------------------------------------------------------------
| Oy Alfred A. Palmberg Ab  |    31.9 |    21.9 |    10.0 |     45.7 |    52.4 |
--------------------------------------------------------------------------------
| Tekmanni Oy               |     4.6 |     2.4 |     2.2 |     91.7 |     6.9 |
--------------------------------------------------------------------------------
| Others                    |    -2.6 |    -1.0 |    -1.6 | over 100 |    -4.3 |
--------------------------------------------------------------------------------
| Group total               |    45.3 |    18.9 |    26.4 | over 100 |   108.1 |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| 9) OPERATING PROFIT/LOSS BY BUSINESS SECTOR, QUARTERLY              |        |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
|                  | 10-12 |   1-3/ |  4-6/ |  7-9/ |  10-12/ |  1-3/ |   4-6/ |
|                  |     / |        |       |       |         |       |        |
--------------------------------------------------------------------------------
| EUR mill.        |  2005 |   2006 |  2006 |  2006 |    2006 |  2007 |   2007 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Paving and Mineral       |        |       |       |         |       |        |
--------------------------------------------------------------------------------
| Aggregates       |   5.3 |  -19.2 |   7.6 |  33.7 |    13.3 | -16.4 |   17.8 |
| Division         |       |        |       |       |         |       |        |
--------------------------------------------------------------------------------
| Building Materials       |        |       |       |         |       |        |
--------------------------------------------------------------------------------
| Division         |  -1.3 |   -1.8 |   1.9 |   4.6 |     0.3 |  -1.3 |    4.7 |
--------------------------------------------------------------------------------
| Lemcon Ltd       |   5.2 |    4.1 |   3.1 |   4.3 |     1.0 |   4.5 |    1.9 |
--------------------------------------------------------------------------------
| Oy Alfred A.     |       |        |       |       |         |       |        |
--------------------------------------------------------------------------------
| Palmberg Ab      |   5.7 |    7.5 |  14.3 |  10.8 |    19.8 |  13.9 |   18.0 |
--------------------------------------------------------------------------------
| Tekmanni Oy      |   1.1 |    2.2 |   0.1 |   3.4 |     1.1 |   1.3 |    3.3 |
--------------------------------------------------------------------------------
| Others           |  -0.7 |    0.3 |  -1.3 |  -1.2 |    -2.2 |  -1.8 |   -0.8 |
--------------------------------------------------------------------------------
| Group total      |  15.3 |   -6.8 |  25.8 |  55.7 |    33.4 |   0.3 |   45.0 |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| 10) ECONOMIC TRENDS AND                |        |         |       |          |
--------------------------------------------------------------------------------
| FINANCIAL INDICATORS                   | 06/200 | 06/2006 |       |  12/2006 |
|                                        |      7 |         |       |          |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Return on equity, %                    |   11.2 |     4.1 |       |     30.2 |
--------------------------------------------------------------------------------
| Return on investment, %                |    7.3 |     3.5 |       |     20.6 |
--------------------------------------------------------------------------------
| Operating profit, % of net sales       |    5.1 |     2.6 |       |      6.0 |
--------------------------------------------------------------------------------
| Equity ratio, %                        |   26.6 |    23.1 |       |     31.2 |
--------------------------------------------------------------------------------
| Gearing, %                             |  146.0 |   186.4 |       |    105.7 |
--------------------------------------------------------------------------------
| Interest-bearing net debt, EUR million |  391.2 |   379.2 |       |    283.0 |
--------------------------------------------------------------------------------
| Gross investments, EUR million         |        |         |       |          |
--------------------------------------------------------------------------------
| (incl. leasing purchases)              |   37.4 |    31.4 |       |     48.7 |
--------------------------------------------------------------------------------
| Order book, EUR mill.                  | 1,622. | 1,312.1 |       |  1,326.7 |
|                                        |      0 |         |       |          |
--------------------------------------------------------------------------------
| - of which foreign orders, EUR mill.   |  449.3 |   347.1 |       |    331.8 |
--------------------------------------------------------------------------------
| Average number of employees            |  8,762 |   7,955 |       |    8,418 |
--------------------------------------------------------------------------------
| Employees at end of period             | 10,397 |   9,415 |       |    8,087 |
--------------------------------------------------------------------------------
| Net sales, EUR mill.                   |  879.9 |   731.2 |       |  1,795.9 |
--------------------------------------------------------------------------------
| - of which operations abroad,          |        |         |       |          |
--------------------------------------------------------------------------------
| EUR mill.                              |  212.6 |   217.9 |       |    530.3 |
--------------------------------------------------------------------------------
| % of net sales                         |   24.2 |    29.8 |       |     29.5 |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| 11) SHARE-SPECIFIC INDICATORS         | 06/2007 | 06/2006 |       |  12/2006 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Earnings per share, EUR               |    1.55 |    0.31 |       |     3.87 |
--------------------------------------------------------------------------------
| Equity per share, EUR                 |   14.67 |   11.03 |       |    14.57 |
--------------------------------------------------------------------------------
| Dividend per share, EUR               |         |         |       |     1.50 |
--------------------------------------------------------------------------------
| Dividend to earnings ratio, %         |         |         |       |     38.8 |
--------------------------------------------------------------------------------
| Market capitalisation, EUR mill.      |   892.8 |   498.4 |       |    614.5 |
--------------------------------------------------------------------------------
| Share price at end of period, EUR     |   52.45 |   29.28 |       |    36.10 |
--------------------------------------------------------------------------------
| Trading volume during period, 1 000   |   3,139 |   1,984 |       |    4,114 |
| shares                                |         |         |       |          |
--------------------------------------------------------------------------------
| Number of issued shares, 1 000 shares |  17,021 |  17,021 |       |   17,021 |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| 12) TANGIBLE ASSETS                                               |          |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| EUR mill.        |       |     |       | 06/200 | 06/2006 |       |  12/2006 |
|                  |       |     |       |      7 |         |       |          |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Aquisition cost in the                 |        |         |       |          |
--------------------------------------------------------------------------------
| beginning of accounting period         |  402.0 |   376.9 |       |    376.9 |
--------------------------------------------------------------------------------
| Translation difference                 |    0.8 |     0.1 |       |     -0.6 |
--------------------------------------------------------------------------------
| Increases                              |   26.0 |    29.8 |       |     45.8 |
--------------------------------------------------------------------------------
| Increases from business combinations   |    3.4 |     0.6 |       |      3.5 |
--------------------------------------------------------------------------------
| Decreases                              |  -24.6 |    -9.1 |       |    -23.6 |
--------------------------------------------------------------------------------
| Accumulated depreciation               | -229.1 |  -222.4 |       |   -232.6 |
--------------------------------------------------------------------------------
| Carrying value at the end of           |  178.5 |   175.8 |       |    169.4 |
| accounting period                      |        |         |       |          |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| 13) DIVESTED BUSINESSES                                                      |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| At the end of the review period the Group did not have any non-current       |
| assets classified as                                                         |
--------------------------------------------------------------------------------
| being held for sale as defined in IFRS 5.                                    |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| An agreement between Lemminkäinen Corporation and the Swedish company Peab   |
| Asfalt                                                                       |
--------------------------------------------------------------------------------
| AB concerning the sale of shares in Kvalitetsasfalt i Mellansverige AB       |
| became effective on 7                                                        |
--------------------------------------------------------------------------------
| August 2007. In this transaction Lemminkäinen Corporation sold its 87% stake |
| in the                                                                       |
--------------------------------------------------------------------------------
| company to Peab Asfalt Ab.                                                   |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Kvalitetsasfalt i Mellansverige Ab, an asphalt paving company operating on   |
| the Swedish                                                                  |
--------------------------------------------------------------------------------
| market, had been part of Lemminkäinen Group's Paving and Mineral Aggregates  |
| Division                                                                     |
--------------------------------------------------------------------------------
| since 2000. In 2006 the net sales of the Paving and Mineral Aggregates       |
| Division were EUR                                                            |
--------------------------------------------------------------------------------
| 559 million, of which the divested company's share was EUR 20.5 million.     |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| The divested company's financial statements at 30 June 2007 are included in  |
| the                                                                          |
--------------------------------------------------------------------------------
| consolidated figures for the review period. The divested company's seasonal  |
| first-half result                                                            |
--------------------------------------------------------------------------------
| taken together with the result of the divestment will have a minimal effect  |
| on the Group's full-year result.                                             |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| 14) ACQUIRED BUSINESSES                                           |          |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Description of acquired companies, businesses and shareholdings              |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| On 19 January 2007 a 70% stake in Ab Instel Oy was acquired.                 |
--------------------------------------------------------------------------------
| The company's business is electrical contracting and electrical maintenance. |
--------------------------------------------------------------------------------
| On 1 March 2007 100% ownership of K.M Repo Oy was acquired.                  |
--------------------------------------------------------------------------------
| The company's business is the manufacture of prefabricated concrete elements |
| and                                                                          |
--------------------------------------------------------------------------------
| ready-mix concrete. Since 19 March 2007 the company's name has been Elemento |
| Oy Savonlinna.                                                               |
--------------------------------------------------------------------------------
| On 2 March 2007 Zacus Ab and Byggteam Kronqvist Ab were acquired.            |
--------------------------------------------------------------------------------
| Both companies are general building contractors.                             |
--------------------------------------------------------------------------------
| On 29 March 2007 100% ownership of Uudenkaupungin Rakennus-Putkitus Oy was   |
--------------------------------------------------------------------------------
| acquired. The company's business is HVAC installations and technical         |
| building servicing.                                                          |
--------------------------------------------------------------------------------
| On 22 May 2007 100% ownership of Sähköraisio Oy was acquired.                |
--------------------------------------------------------------------------------
| The company's business is electrical contracting and electrical maintenance. |
--------------------------------------------------------------------------------
| On 25 May 2007 an 85% stake in the Estonian company Lõhketööd OÜ was         |
| acquired.                                                                    |
--------------------------------------------------------------------------------
| The company's business is quarrying, blasting and demolition.                |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Aggregated figures for the acquired businesses                               |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| EUR mill.        |       |     Carrying amounts |     Fair values recognised |
--------------------------------------------------------------------------------
|                  |       |       before merging |              after merging |
--------------------------------------------------------------------------------
|                  |       |            30.6.2007 |                  30.6.2007 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Tangible and intangible        |       |        |         |       |          |
--------------------------------------------------------------------------------
| assets                         |       |    2.6 |         |       |      3.7 |
--------------------------------------------------------------------------------
| Investments                    |       |    0.4 |         |       |      0.4 |
--------------------------------------------------------------------------------
| Deferred tax assets            |       |    0.0 |         |       |      0.0 |
--------------------------------------------------------------------------------
| Inventories                    |       |    2.2 |         |       |      2.4 |
--------------------------------------------------------------------------------
| Trade and other receivables    |       |    2.8 |         |       |      2.8 |
--------------------------------------------------------------------------------
| Cash and cash equivalents      |       |    3.1 |         |       |      3.1 |
--------------------------------------------------------------------------------
| Assets                         |       |   11.0 |         |       |     12.3 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Minority interest              |       |    0.2 |         |       |      0.2 |
--------------------------------------------------------------------------------
| Deferred tax liabilities       |       |    0.0 |         |       |      0.3 |
--------------------------------------------------------------------------------
| Provisions                     |       |    0.1 |         |       |      0.1 |
--------------------------------------------------------------------------------
| Interest-bearing liabilities   |       |    0.5 |         |       |      0.5 |
--------------------------------------------------------------------------------
| Other liabilities              |       |    3.7 |         |       |      3.7 |
--------------------------------------------------------------------------------
| Liabilities total              |       |    4.5 |         |       |      4.8 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Net assets                     |       |    6.5 |         |       |      7.5 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Acquisition cost, total        |       |   13.2 |         |       |     13.2 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Goodwill, total                |       |        |         |       |      5.7 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Transaction price paid in cash                  |         |       |     13.2 |
--------------------------------------------------------------------------------
| Cash funds of acquider subsidiary               |         |       |      3.1 |
--------------------------------------------------------------------------------
| Cash flow effect                                |         |       |     10.1 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| The effect of the acquired businesses on the Group's operating result for    |
| the review period is                                                         |
--------------------------------------------------------------------------------
| about EUR 1.0 million. The net sales of the acquired businesses in 2006 were |
| approx.                                                                      |
--------------------------------------------------------------------------------
| EUR 26.0 million.                                                            |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| The figures are provisional.                                                 |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| 15) RELATED-PARTY TRANSACTIONS         |        |         |       |          |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| EUR mill.        |       |     |       | 06/200 | 06/2006 |       |  12/2006 |
|                  |       |     |       |      7 |         |       |          |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Sales of goods and services            |        |         |       |          |
--------------------------------------------------------------------------------
| To affiliates                          |    0.0 |     0.0 |       |      0.2 |
--------------------------------------------------------------------------------
| To senior management                   |    0.2 |     4.4 |       |      8.0 |
--------------------------------------------------------------------------------
| Total                                  |    0.2 |     4.4 |       |      8.3 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Purchases of goods and services                 |         |       |          |
--------------------------------------------------------------------------------
| From affiliates                        |    1.4 |     1.6 |       |      5.6 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Trade receivables                      |        |         |       |          |
--------------------------------------------------------------------------------
| From affiliates                        |    0.0 |     0.0 |       |      0.2 |
--------------------------------------------------------------------------------
| From senior management                 |    0.1 |     0.5 |       |      0.6 |
--------------------------------------------------------------------------------
| Total                                  |    0.1 |     0.5 |       |      0.9 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Accounts payable                       |        |         |       |          |
--------------------------------------------------------------------------------
| To affiliates                          |    0.0 |     0.1 |       |      0.2 |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| 16) GUARANTEES AND CONTINGENT LIABILITIES                         |          |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| EUR mill.        |       |     |       | 06/200 | 06/2006 |       |  12/2006 |
|                  |       |     |       |      7 |         |       |          |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Securities for own commitments                  |         |       |          |
--------------------------------------------------------------------------------
| Property mortgages                     |    1.6 |     2.9 |       |      2.4 |
--------------------------------------------------------------------------------
| Business mortgages                     |   99.5 |    99.7 |       |    100.1 |
--------------------------------------------------------------------------------
| Bonds pledged as security              |    0.8 |     0.5 |       |      0.8 |
--------------------------------------------------------------------------------
| Total                                  |  101.9 |   103.1 |       |    103.3 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Guarantees                             |        |         |       |          |
--------------------------------------------------------------------------------
| On behalf of affiliated companies      |    0.8 |     0.8 |       |      0.8 |
--------------------------------------------------------------------------------
| On behalf of others                    |    3.8 |     0.9 |       |      5.3 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Minimum lease payments of              |        |         |       |          |
--------------------------------------------------------------------------------
| irrevocable lease agreements           |   45.4 |    26.3 |       |     44.7 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Purchase commitments of investments    |    3.8 |     3.0 |       |      2.9 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Derivative contracts                   |        |         |       |          |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Forward foreign exchange contracts              |         |       |          |
--------------------------------------------------------------------------------
| Nominal value                          |   39.7 |    10.1 |       |     11.2 |
--------------------------------------------------------------------------------
| Fair value                             |   -0.1 |     0.0 |       |      0.1 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Currency options, calls purchased               |         |       |          |
--------------------------------------------------------------------------------
| Nominal value                          |    0.0 |     0.0 |       |      0.0 |
--------------------------------------------------------------------------------
| Fair value                             |    0.0 |     0.0 |       |      0.0 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Currency options, puts written                  |         |       |          |
--------------------------------------------------------------------------------
| Nominal value                          |    0.0 |     0.0 |       |      0.0 |
--------------------------------------------------------------------------------
| Fair value                             |    0.0 |     0.0 |       |      0.0 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Interest rate options, calls purchased          |         |       |          |
--------------------------------------------------------------------------------
| Nominal value                          |   33.8 |    35.5 |       |     34.5 |
--------------------------------------------------------------------------------
| Fair value                             |    0.0 |     0.0 |       |      0.0 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Interest rate options, puts written             |         |       |          |
--------------------------------------------------------------------------------
| Nominal value                          |    4.3 |     6.1 |       |      5.0 |
--------------------------------------------------------------------------------
| Fair value                             |    0.0 |    -0.2 |       |     -0.1 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Interest rate swap contracts                    |         |       |          |
--------------------------------------------------------------------------------
| Nominal value                          |  110.1 |    39.5 |       |     30.2 |
--------------------------------------------------------------------------------
| Fair value                             |   -0.3 |    -1.8 |       |     -2.0 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| The fair value of contracts is the gain or loss arising from closure         |
--------------------------------------------------------------------------------
| of the contract based on the market price on the accounting date.            |
--------------------------------------------------------------------------------