STOCK EXCHANGE BULLETIN 14.3.2008
DECISIONS OF LEMMINKÄINEN CORPORATION´S ANNUAL GENERAL MEETING
On 14 March 2008 Lemminkäinen Corporation's Annual General Meeting adopted the
company's final accounts and consolidated financial statements for 2007 and
granted the members of the Board of Directors and the Managing Director
discharge from liability.
Payment of dividend
The Annual General Meeting decided in accordance with the Board of Directors'
proposal to pay a dividend of EUR 1.80 per share, i.e. a total dividend pay-out
of EUR 30,638,250. Dividend will be paid to those shareholders registered in the
Company's shareholder register kept by Finnish Central Securities Depository Ltd
on the record date (19 March 2008). The dividend will be paid on 28 March 2008.
Board membership and fees
The Annual General Meeting confirmed the number of members of the Board of
Directors as six. Messrs. Berndt Brunow, Heikki Pentti, Teppo Taberman, Sakari
Tamminen and Ms. Kristiina Pentti were re-elected to serve as members of the
Board of Directors. Mr. Juhani Mäkinen, Counsellor of Law, attorney, was newly
elected to serve as a Board member.
The Annual General Meeting confirmed that fees of EUR 3,000 per month be paid to
the members of the Board of Directors and EUR 11 000 per month be paid to the
Chairman of the Board.
Election of auditors and audit fee
PricewaterhouseCoopers Oy, a firm of authorised public accountants, was
re-elected to serve as the Company's auditor. The audit fee will be paid on the
basis of an approved invoice.
Amendment of the Articles of Association
The Annual General Meeting decided to amend the Articles of Association in
accordance with the Board of Directors' proposal, among others so that the
regulations concerning the nominal value of the share and the minimum and
maximum share capital were removed. The Board of Directors' proposal for
amendment of the Articles of Association was published in the stock exchange
bulletin dated 14 February 2008.
Helsinki, 14 March 2008
OMX Nordic Exchange Helsinki
Lemminkäinen Group operates in all areas of the construction sector. Its key
business sectors are building construction, infrastructure construction,
technical building services, and building products. Net sales in 2007 were
approx. EUR 2.2 billion million, of which international operations accounted for
a full quarter. The Company employs about 9,200 people. Lemminkäinen's share is
quoted on OMX Nordic Exchange Helsinki.