Lemminkäinen agreed on the future terms of its financial arrangements made in the summer of 2009

LEMMINKÄINEN CORPORATION	STOCK EXCHANGE BULLETIN	1.12.2009 AT 9:30


LEMMINKÄINEN AGREED ON THE FUTURE TERMS OF ITS FINANCIAL ARRANGEMENTS MADE IN
THE SUMMER OF 2009 

Lemminkäinen has reached an agreement with its banking consortium concerning
the terms of the financial arrangements made in the summer of 2009. According
to the new agreement the terms will continue mainly as initially negotiated and
in accordance with the original maturity. 

Lemminkäinen entered into the negotiations after the fine imposed by the
Supreme Administrative Court was recognised in the third quarter of 2009
resulting in a breach of the covenant concerning the ratio of net debt and
EBITDA. 

The financing arrangements include a EUR 150 million short-term line of credit,
a EUR 120 million bullet loan and a bank guarantee for EUR 115 million TyEL
pension premium loan. The credit facilities are subject to quarterly reviewed
covenants concerning the ratio of Lemminkäinen's net debt to EBITDA and the
Company's equity ratio. The ratio of Lemminkäinen's net debt to EBITDA
continues on the initially negotiated level and may be at most 3.5 - 4.5. The
covenant concerning the Company's equity ratio remains on the original level of
23% until the second quarter of 2010. From the third quarter of 2010 onwards
the Company's equity ratio must exceed 30%. The loans mature in 2011 and have
been arranged by Nordea, Pohjola Bank, Sampo Bank, SEB, Handelsbanken and
Ilmarinen. 


LEMMINKÄINEN CORPORATION
Corporate Communications 


ADDITIONAL INFORMATION: 
CFO Robert Öhman
Lemminkäinen Corporation
Tel. +358 2071 53515 


DISTRIBUTION:
NASDAQ OMX Helsinki Ltd
Key media
www.lemminkainen.com

Lemminkäinen Group operates in all areas of the construction sector. The
Group's business sectors are building construction, infrastructure
construction, technical building services, and building products. Net sales in
2008 were approx. EUR 2.5 billion, of which international operations accounted
for over a quarter. The Group employs about 9,000 people. Lemminkäinen
Corporation's share is quoted on NASDAQ OMX Helsinki Ltd. www.lemminkainen.com