Lemminkäinen resolved on an incentive plan for key personnel

LEMMINKÄINEN CORPORATION	STOCK EXCHANGE BULLETIN	10.12.2009 AT 8:15


LEMMINKÄINEN RESOLVED ON AN INCENTIVE PLAN FOR KEY PERSONNEL 

The Board of Directors of Lemminkäinen Corporation has approved a new
share-based incentive plan for the Group key personnel. With the same, the
current commitment programme for the top management of Lemminkäinen is
cancelled. 

The aim of the new Plan is to combine the objectives of the shareholders and
the key personnel in order to increase the value of the Company, to commit the
key personnel to the Company, and to offer them a competitive reward plan based
on holding the Company shares. 

The new Plan includes three earning periods; calendar years 2010, 2011 and
2012. At the beginning of each earning period the Board of Directors of the
Company will decide on the earnings criteria and on the targets to be
established for each period. For the earning period 2010, the potential reward
from the Plan will be based on Lemminkäinen Group´s Equity Ratio and on the
Return on Investment percentage. 

The potential reward from the earning period 2010 will be paid partly in the
Company's shares and partly in cash in 2011. The proportion to be paid in cash
will cover the imputed taxes and tax-related costs arising from the reward. The
shares must be held for two years after the end of the earning period. Should a
key person's employment or service in the Company end for reasons arising from
the key person during the aforementioned two years, he/she must gratuitously
return the shares given to him/her as reward to the Company. The CEO of the
Company and the members of the Group Executive Board must hold 50% of the
shares received on the basis of the Plan for two years after the first two-year
period when 100% of the shares must be held. 

The Plan is targeted to approximately 30 people. The rewards to be paid on the
basis of the Plan will correspond to the value of a maximum total of 300,000
Lemminkäinen Corporation shares during a three-year period (including also the
proportion to be paid in cash). 


LEMMINKÄINEN CORPORATION
Corporate Communications


ADDITIONAL INFORMATION: 
President & CEO Timo Kohtamäki
Lemminkäinen Corporation
Tel. +358 2071 53263


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