Lemminkäinen's Interim Financial Review 1 January to 30 June, 2010: Order book continued to gain strength, stable outlook for remainder of the year.

LEMMINKÄINEN OYJ		INTERIM FINANCIAL REVIEW  	5.8.2010, AT 9:00                  


LEMMINKÄINEN'S INTERIM FINANCIAL REVIEW 1 January to 30 June, 2010:             
Order book continued to gain strength, stable outlook for remainder of the year.


- The order book at the end of June was EUR 1,430.2 million (1,249.5), up 14%   
from a year earlier and 10% since the end of March.                             
- The second-quarter operating profit was EUR 20.0 million (27.8). The          
first-half operating profit was EUR -8.5 million (21.0).                        
- Net sales were EUR 478.8 million (528.3) in the second quarter and EUR 763.2  
million (871.8) in the first half of the year. First-half net sales were down   
12% compared with the same period last year.                                    

--------------------------------------------------------------------------------
| Key figures, EUR |   4-6/2010 | 4-6/2009 | 1-6/2010 |  1-6/2009 |  1-12/2009 |
| million*)        |            |          |          |           |            |
--------------------------------------------------------------------------------
| Net sales        |      478.8 |    528.3 |    763.2 |     871.8 |    1,965.5 |
--------------------------------------------------------------------------------
| of which         |      154.1 |    146.4 |    218.1 |     218.1 |      527.6 |
| operations       |            |          |          |           |            |
| outside Finland  |            |          |          |           |            |
--------------------------------------------------------------------------------
| Operating profit |       20.0 |     27.8 |     -8.5 |      21.0 |       23.2 |
--------------------------------------------------------------------------------
| Operating        |        4.2 |      5.3 |     -1.1 |       2.4 |        1.2 |
| margin, %        |            |          |          |           |            |
--------------------------------------------------------------------------------
| Profit before    |       15.0 |     18.6 |    -19.0 |       1.9 |      -10.2 |
| taxes            |            |          |          |           |            |
--------------------------------------------------------------------------------
| Profit for       |        9.8 |     13.0 |    -16.6 |      -0.3 |      -23.8 |
| accounting       |            |          |          |           |            |
| period           |            |          |          |           |            |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Earnings per     |       0.60 |     0.72 |    -0.92 |     -0.09 |      -1.54 |
| share            |            |          |          |           |            |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Cash flow from   |      -47.0 |     14.8 |    -96.9 |     -70.6 |       64.2 |
| operating        |            |          |          |           |            |
| activities       |            |          |          |           |            |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| Key figures, EUR million*)             | 30.6.2010 |  30.6.2009 | 31.12.2009 |
--------------------------------------------------------------------------------
| Order book                             |   1,430.2 |    1,249.5 |    1,064.5 |
--------------------------------------------------------------------------------
|   - of which unsold                    |     149.6 |      114.2 |      103.2 |
--------------------------------------------------------------------------------
|  - of which operations outside Finland |     338.6 |      374.1 |      224.4 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Equity ratio, %                        |      30.2 |       26.0 |       31.0 |
--------------------------------------------------------------------------------
| Gearing, %                             |     128.3 |      140.9 |      110.2 |
--------------------------------------------------------------------------------
| Liquid funds                           |      39.0 |      111.0 |       74.4 |
--------------------------------------------------------------------------------
| Interest-bearing liabilities           |     448.5 |      556.2 |      399.1 |
--------------------------------------------------------------------------------

*) From 1 January 2010 Lemminkäinen observes the interpretation IFRIC 15 -      
Agreements for the Construction of Real Estate in its reporting. The comparative
figures for 2009 have also been calculated in accordance with the               
interpretation.                                                                 


Lemminkäinen's President & CEO Timo Kohtamäki estimates that the outlook for the
remainder of the year is stable: ”The summer began extremely well, especially in
the infrastructure construction sector, but much of the good order book will not
be translated into recognised income until the second half of the year. Sales of
our own housing production in both Finland and Russia picked up considerably on 
the comparison period.                                                          

During the recession we started very few housing developments.  For this reason,
several of our own projects will be completed and thus recognized as revenue and
operating profit only in the second half of the year” Kohtamäki explains. ”The  
harsh winter also partly explains the result of the first six months of the     
year, as the construction season did not get properly started until May. The    
competitive situation in all of our business sectors continues to be            
challenging. This is especially evident in technical building services, where   
the slowdown in activity lags behind building construction. However, we estimate
that the construction market is gradually normalising, with other industries    
acting as the driving force.”                                                   

Kohtamäki says that Lemminkäinen has initiated a number of measures aimed at    
improving the efficiency and competitiveness of the company's operations. ”We   
have streamlined our group structure by merging a number of our subsidiaries. We
are also boosting the operational efficiency of our business and creating one   
united Lemminkäinen by centralising our support functions. We are paying        
particular attention to profitability-enhancing measures in areas such as       
procurements and site efficiency. We are also intensifying our efforts in       
housing production sales and marketing in both Finland and Russia in order to   
increase the turnover rate of housing units. The results of these actions and   
decisions will show up mainly from 2011 onwards.”                               

Lemminkäinen is also seeking growth beyond the borders of Finland in selected   
strategic market areas. ”In Norway we made two acquisitions that will increase  
our share of that country's rock engineering and paving markets. In Russia our  
Kaluga industrial park project is underway with a factory investment by Rani    
Plast. In St. Petersburg we have acquired plots of land for housing development 
of over 700 units,” says Kohtamäki.                                             


OUTLOOK FOR 2010                                                                

According to economic forecasts, Finland's gross domestic production is expected
to return to growth in 2010. The total volume of construction will either remain
at the 2009 level or grow slightly (Source: VTT, Technical Research Centre of   
Finland).                                                                       

The number of new building construction starts will be up on last year, and     
housing production in particular is expected to grow as housing sales pick up.  
Non-residential construction is likely to remain more subdued than last year.   
Especially in Helsinki Metropolitan Area the office building occupancy rate is  
exceptionally low, and the number of new office building starts is expected to  
remain minimal.                                                                 

Renovation construction and demand for technical building services is expected  
to remain stable. In Russia the pick-up in the housing market continued in the  
first half of the year, and the volume of construction is forecast to grow      
during 2010.                                                                    

Most of the new major transport infrastructure projects are scheduled for 2011  
and 2012, but projects already in progress are providing work for infrastructure
builders. The recovery of building construction will also improve the employment
of infra builders. In Finland the government intends to make further cuts in its
investments in basic highway maintenance and it is estimated that the           
constrained finances of the municipalities may reduce the volume of             
infrastructure construction this year.                                          

In the other Nordic countries investments in infrastructure development will    
keep these markets at a favourable level in the years ahead. The situation in   
the Baltic states will continue to be challenging.                              

Demand for building materials follows the building construction cycle, and      
demand is estimated to pick up with the recovery of residential construction in 
2010.                                                                           

Lemminkäinen estimates that net sales and the result before taxes for the 2010  
accounting period will be at the 2009 level, the infringement fine imposed by   
the SAC being excluded from the 2009 comparative figures.                       


Briefing                                                                        

A Finnish-language briefing for analysts and the media will be held at 10:00    
a.m. on Thursday, 5 August at Lemminkäinen's head office. The street address is 
Salmisaarenaukio 2, Helsinki, Finland. The interim financial review will be     
presented by President & CEO Timo Kohtamäki. English-language presentation      
material concerning the result for the review period will be made available on  
the Company's website at www.lemminkainen.com after the briefing.               


LEMMINKÄINEN CORPORATION                                                        
Corporate Communications                                                        


Additional information:                                                         
Timo Kohtamäki, President & CEO, tel. +358 2071 53263                           
Robert Öhman, CFO, tel. +358 2071 53515                                         
Merja Paulamäki, Investor Relations, tel. +358 2071 53367                       


APPENDICES                                                                      
Interim Financial Review 1 January to 30 June 2010                              
Tabulated Section of the Interim Financial Review                               


DISTRIBUTION                                                                    
NASDAQ OMX Helsinki                                                             
Key media                                                                       
www.lemminkainen.com                                                            



INTERIM FINANCIAL REVIEW 1 January to 30 June 2010                              


OPERATING ENVIRONMENT                                                           

Markets in Finland                                                              

Housing construction continued to be brisk, but non-residential building        
construction remained at a low level. Demand for housing was increased by the   
low level of interest rates and continuing urban migration. The number of new   
commercial and office building starts remained low. In particular, there is     
plenty of vacant office space available.                                        

The infrastructure construction season started exceptionally late due to the    
long winter and late arrival of spring. A reasonable number of infrastructure   
construction projects were in progress.                                         

The slowdown in construction shows up in technical building services later than 
in other parts of the sector because technical building service works take place
in the final phase of construction projects. The competitive situation in the   
technical building services continued to be challenging.                        

In building products, demand for prefabricated concrete elements in particular  
increased with the pick-up in residential construction. Demand for urban        
environment products was good, too.                                             

Markets outside Finland                                                         

In Norway and Denmark demand for paving work was brisk, but competition among   
paving contractors intensified. In Sweden especially the significant tunnel     
contracts in the Stockholm area provided work for infrastructure builders.      

In the Baltic states the construction market continued to be challenging.       
Despite the difficult market situation, Baltic infrastructure construction is   
showing slight signs of recovery.                                               

In Russia, housing sales continued to be brisker than in 2009. The Russian      
economy is expected to recover in step with the rest of the world. The growth   
forecast for this year is about 6%, and the country's economy is likely to grow 
in 2011 and 2012 as well.                                                       


NET SALES                                                                       

--------------------------------------------------------------------------------
| Net sales by       | 4-6/2010 | 4-6/2009 |  1-6/2010 | 1-6/2009 |  1-12/2009 |
| business sector,   |          |          |           |          |            |
| EUR million        |          |          |           |          |            |
--------------------------------------------------------------------------------
| Building           |    169.2 |    217.0 |     337.9 |    422.3 |      868.7 |
| Construction*)     |          |          |           |          |            |
--------------------------------------------------------------------------------
| Infrastructure     |    226.0 |    222.1 |     277.2 |    290.1 |      768.0 |
| Construction**)    |          |          |           |          |            |
--------------------------------------------------------------------------------
| Technical Building |     55.8 |     60.6 |     110.0 |    115.9 |      233.8 |
| Services           |          |          |           |          |            |
--------------------------------------------------------------------------------
| Building           |     44.7 |     44.0 |      65.0 |     66.6 |      154.2 |
| Products**)        |          |          |           |          |            |
--------------------------------------------------------------------------------
| Other operations   |    -12.9 |    -12.0 |     -22.3 |    -19.1 |      -42.2 |
| and Group          |          |          |           |          |            |
| eliminations       |          |          |           |          |            |
--------------------------------------------------------------------------------
| Business sectors,  |    482.6 |    531.7 |     767.8 |    875.7 |    1,982.6 |
| total              |          |          |           |          |            |
--------------------------------------------------------------------------------
| Unallocated Items  |     -3.8 |     -3.4 |      -4.6 |     -4.0 |      -17.1 |
--------------------------------------------------------------------------------
| Group total (IFRS) |    478.8 |    528.3 |     763.2 |    871.8 |    1,965.5 |
--------------------------------------------------------------------------------
| of which           |    154.1 |    146.4 |     218.1 |    218.1 |      527.6 |
| operations outside |          |          |           |          |            |
| Finland            |          |          |           |          |            |
--------------------------------------------------------------------------------

*) From 1 January 2010 Lemminkäinen observes the interpretation IFRIC 15 -      
Agreements for the Construction of Real Estate in its reporting. The comparative
figures for 2009 have also been calculated in accordance with the               
interpretation.                                                                 
**) Forssan Betoni Oy, which formerly belonged to Lemminkäinen's Infrastructure 
Construction business sector, was transferred on 1 January 2010 to the Building 
Products business sector. The comparative figures for 2009 have also been       
prepared in accordance with the new organisation.                               


At EUR 763.2 million (871.8) Lemminkäinen's net sales in the first half of 2010 
were 12% lower than in the corresponding period a year earlier. Net sales fell  
in all of Lemminkäinen's business sectors and most strongly in building         
construction. In 2009 Lemminkäinen made an exceptionally low number of new      
housing starts, and consequently the number of units in its own housing         
development completed and recognised as income in the first half of 2010 was    
considerably lower than in the same period last year. In the second half of     
2010, a clearly larger number of starts made after summer 2009 will be          
recognised as income than was recognised in the first half of this year. The    
first-half net sales of the Infrastructure Construction business sector were on 
the same level as a year earlier, even though the season began exceptionally    
late due to the long winter. Lemminkäinen generated 71% (75) of its net sales in
Finland, 20% (15) in other Nordic countries, 2% (3) in Russia and 7% (7) in     
other countries.                                                                


OPERATING PROFIT                                                                

--------------------------------------------------------------------------------
| Operating profit by  | 4-6/2010 | 4-6/2009 | 1-6/2010 | 1-6/2009 | 1-12/2009 |
| business sector, EUR |          |          |          |          |           |
| million              |          |          |          |          |           |
--------------------------------------------------------------------------------
| Building             |      6.7 |      9.1 |      7.9 |     20.5 |      36.4 |
| Construction*)       |          |          |          |          |           |
--------------------------------------------------------------------------------
| Infrastructure       |     13.5 |     12.8 |    -10.8 |     -5.5 |      22.0 |
| Construction**)      |          |          |          |          |           |
--------------------------------------------------------------------------------
| Technical Building   |      0.4 |      2.6 |      1.5 |      5.1 |      12.2 |
| Services             |          |          |          |          |           |
--------------------------------------------------------------------------------
| Building Products**) |      3.4 |      4.6 |     -0.3 |      2.5 |      10.4 |
--------------------------------------------------------------------------------
| Other operations     |     -3.7 |     -2.1 |     -7.1 |     -2.3 |     -61.7 |
--------------------------------------------------------------------------------
| Business sectors,    |     20.3 |     26.9 |     -8.8 |     20.4 |      19.4 |
| total                |          |          |          |          |           |
--------------------------------------------------------------------------------
| Unallocated Items    |     -0.3 |      0.9 |      0.3 |      0.6 |       3.8 |
--------------------------------------------------------------------------------
| Group total (IFRS)   |     20.0 |     27.8 |     -8.5 |     21.0 |      23.2 |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| Operating margin by  | 4-6/2010 | 4-6/2009 | 1-6/2010 | 1-6/2009 | 1-12/2009 |
| business sector, %   |          |          |          |          |           |
--------------------------------------------------------------------------------
| Building             |      4.0 |      4.2 |      2.3 |      4.9 |       4.2 |
| Construction*)       |          |          |          |          |           |
--------------------------------------------------------------------------------
| Infrastructure       |      6.0 |      5.7 |     -3.9 |     -1.9 |       2.9 |
| Construction**)      |          |          |          |          |           |
--------------------------------------------------------------------------------
| Technical Building   |      0.7 |      4.3 |      1.4 |      4.4 |       5.2 |
| Services             |          |          |          |          |           |
--------------------------------------------------------------------------------
| Building Products**) |      7.6 |     10.4 |     -0.5 |      3.8 |       6.8 |
--------------------------------------------------------------------------------
| Group total (IFRS)   |      4.2 |      5.3 |     -1.1 |      2.4 |       1.2 |
--------------------------------------------------------------------------------

*) From 1 January 2010 Lemminkäinen observes the interpretation IFRIC 15 -      
Agreements for the Construction of Real Estate in its reporting. The comparative
figures for 2009 have also been calculated in accordance with the               
interpretation.                                                                 
**) Forssan Betoni Oy, which formerly belonged to Lemminkäinen's Infrastructure 
Construction business sector, was transferred on 1 January 2010 to the Building 
Products business sector. The comparative figures for 2009 have also been       
prepared in accordance with the new organisation.                               


Lemminkäinen's first-half operating profit was EUR -8.5 million (21.0). The     
primary reasons for the decline in profitability were the recognition of income 
from Lemminkäinen's own housing production being skewed towards the second half 
of the year and  the exceptionally long winter, which increased costs especially
in the Infrastructure Construction business sector. Moreover, intensified       
competition weakened margins in the Technical Building Services and Building    
Construction business sectors. The profitability of the Building Construction   
and Technical Building Services business sectors was also impaired by the       
recognition of non-recurring items stemming from restructuring and business     
adjustment measures.                                                            


ORDER BOOK                                                                      

--------------------------------------------------------------------------------
| Order book by business sector,    |   30.6.2010 |    30.6.2009 |  31.12.2009 |
| EUR million                       |             |              |             |
--------------------------------------------------------------------------------
| Building Construction*)           |       727.1 |        626.7 |       601.7 |
--------------------------------------------------------------------------------
|   - of which unsold               |       149.6 |        114.2 |       103.2 |
--------------------------------------------------------------------------------
| Infrastructure Construction**)    |       543.9 |        490.0 |       319.2 |
--------------------------------------------------------------------------------
| Technical Building Services       |       118.0 |         84.0 |       106.8 |
--------------------------------------------------------------------------------
| Building Products**)              |        41.2 |         48.9 |        36.8 |
--------------------------------------------------------------------------------
| Group, total                      |     1,430.2 |      1,249.5 |     1,064.5 |
--------------------------------------------------------------------------------
|   - of which international orders |       338.6 |        374.1 |       224.4 |
--------------------------------------------------------------------------------

*) From 1 January 2010 Lemminkäinen observes the interpretation IFRIC 15 -      
Agreements for the Construction of Real Estate in its reporting. The comparative
figures for 2009 have also been calculated in accordance with the               
interpretation.                                                                 
**) Forssan Betoni Oy, which formerly belonged to Lemminkäinen's Infrastructure 
Construction business sector, was transferred on 1 January 2010 to the Building 
Products business sector. The comparative figures for 2009 have also been       
prepared in accordance with the new organisation.                               


Lemminkäinen's order book grew 14% year on year and 34% during the first six    
months of 2010. At the end of June the order book was 1,430.2 million (1,249.5).
International business accounted for 24% (30) of the order book.                

The order book also includes the unrecognised share of the completed housing    
stock.                                                                          


BALANCE SHEET, CASH FLOW AND FINANCING                                          

One of Lemminkäinen's strategic goals is strengthening of the Company's         
financial position. Under an authorisation granted by the Extraordinary General 
Meeting of Lemminkäinen Corporation held on 12 November 2009, the Board of      
Directors decided on 17 March 2010 on two separate share issues. The Company    
offered 1,700,000 new shares in the Company for subscription by institutional   
investors approved by the Board of Directors. The Board of Directors also       
decided on a share issue in which the Company offered 923,514 new shares in the 
Company for subscription against receipt of consideration in the form of shares 
by the minority shareholders of Lemminkäinen Corporation's subsidiaries         
Lemminkäinen Talotekniikka Oy and Lemminkäinen Talo Oy. The subscription price  
of the shares was EUR 23.25.                                                    

The consideration received from the issuance of shares to institutional         
investors totalled EUR 39.5 million, which was booked to the Company's invested 
unrestricted equity reserve. The funds raised from the issue were used during   
the review period for the amortisation of short-term loans.                     

The consolidated balance sheet total at 30 August 2010 was EUR 1,186.6 million  
(1,364.4). The return on investment was 0.4% (3.6) and the equity ratio 30.2%   
(26.0). Gearing was 128.3% (140.9).                                             

According to the cash flow statement, the cash flow from operating activities   
was EUR -96.9 million (-70.6), the cash flow from investing activities EUR -14.6
million (-16.3) and the cash flow from financing activities EUR 77.3 million    
(-50.3). The cash flow for the review period includes the payment of dividends  
totalling EUR 2.0 million (17.9). The 2009 dividends include only dividends paid
to the minority interests of subsidiaries. In the April-June period the cash    
flow from operating activities was EUR -47.0 million (Q2/09: 14.8), the cash    
flow from investing activities EUR -7.0 million (Q2/09: -5.2) and the cash flow 
from financing activities EUR 53.5 million (Q2/09: -53.3).                      

Working capital declined 13% to EUR 824.7 million (951.7) and net working       
capital fell 11% to EUR 427.2 million (480.5).                                  

Liquid funds at the end of the review period were EUR 39.0 million (111.0).     

The amount of interest-bearing debt at the end of the review period was EUR     
448.5 million (556.2), of which EUR 274.1 million (288.4) was short-term debt   
and EUR 174.3 million (267.8) long-term debt. Interest-bearing net debt was EUR 
409.5 million (445.2). Net financing expenses were EUR 10.5 million (19.1),     
representing 1.4% (2.2) of net sales.                                           

Lemminkäinen's interest-bearing debt comprised loans from financial institutions
33% (50), commercial paper 21% (14), project loans related to own housing       
production and non-residential construction 7% (14), TyEL (employee pensions    
premium) loans 23% (9), finance leasing liabilities 13% (10) and other          
liabilities 3% (3). At the end of the review period Lemminkäinen had an unused  
EUR 130 million line of credit.                                                 


BUSINESS SECTORS                                                                

BUILDING CONSTRUCTION                                                           

--------------------------------------------------------------------------------
| Key figures, EUR   |  4-6/2010 | 4-6/2009 | 1-6/2010 | 1-6/2009 |  1-12/2009 |
| million*)          |           |          |          |          |            |
--------------------------------------------------------------------------------
| Net sales          |     169.2 |    217.0 |    337.9 |    422.3 |      868.7 |
--------------------------------------------------------------------------------
| Operating          |       6.7 |      9.1 |      7.9 |     20.5 |       36.4 |
| profit**)          |           |          |          |          |            |
--------------------------------------------------------------------------------
| Operating margin,  |       4.0 |      4.2 |      2.3 |      4.9 |        4.2 |
| %                  |           |          |          |          |            |
--------------------------------------------------------------------------------
| Order book at end  |           |          |    727.1 |    626.7 |      601.7 |
| of period          |           |          |          |          |            |
--------------------------------------------------------------------------------
| - of which unsold  |           |          |    149.6 |    114.2 |      103.2 |
--------------------------------------------------------------------------------

*) From 1 January 2010 Lemminkäinen observes the interpretation IFRIC 15 -      
Agreements for the Construction of Real Estate in its reporting. The comparative
figures for 2009 have also been calculated in accordance with the               
interpretation.                                                                 
**) From 1 January 2010 financial items are no longer reported                  
sector-specifically in segment reports delivered to management. For this reason 
sector-specific comparative figures are presented only up until the operating   
profit line.                                                                    


The January-June net sales of the Building Construction business sector were EUR
337.9 million (422.3), a 20% decline from the comparison period. The business   
sector generated 75% (83) of its net sales in Finland, 13% (5) in other Nordic  
countries, 2% (6) in Russia and 10% (6) in other countries. The business        
sector's first-half operating profit was EUR 7.9 million (20.5). Housing sales  
continued to be brisker than in the same period last year, but considerably     
fewer Lemminkäinen's own housing developments were completed and, because of the
new income recognition principles, recognised in the second quarter than in the 
comparison period. Non-residential construction remained subdued, and there were
no sales of Lemminkäinen's own real estate developments in the second quarter.  
The business sector's net sales and profitability in the first half of the year 
were also weakened by non-recurring items stemming from restructuring and       
business adjustments measures.                                                  

The net sales and operating profit of the Building Construction business sector 
will be skewed towards the second half of the year, when construction starts    
made in the second half of 2009 will be completed.                              

The business sector's order book developed favourably during the review period  
and at the end of June was EUR 727.1 million (626.7), i.e. 16% higher than a    
year earlier. The share of international business in the order book remained    
unchanged from a year earlier at EUR 142.5 million (142.5).                     

Operations in Finland                                                           

--------------------------------------------------------------------------------
| Lemminkäinen's private-sector     |    1-6/2010 |     1-6/2009 |   1-12/2009 |
| housing production, Finland       |             |              |             |
--------------------------------------------------------------------------------
| Housing starts	                   |         323 |           15 |         351 |
--------------------------------------------------------------------------------
| Housing units sold                |         397 |          294 |         771 |
--------------------------------------------------------------------------------
| Completed                         |          85 |          306 |         533 |
--------------------------------------------------------------------------------
| Under construction at end of      |         643 |          296 |         405 |
| period                            |             |              |             |
--------------------------------------------------------------------------------
|   - of which unsold               |         203 |          138 |         193 |
--------------------------------------------------------------------------------
| Unsold completed units at end of  |         179 |          459 |         263 |
| period                            |             |              |             |
--------------------------------------------------------------------------------

In addition, Lemminkäinen made 422 (420) contracted housing starts during the   
first half of the year. Altogether, the company made 745 new housing starts in  
Finland during the review period.                                               

At the end of the review period Lemminkäinen owned a total of 852,000 m2        
(974,000) of unused building rights in Finland, of which approx. 390,000 m2     
(473,000) were residential building rights. The Company also had binding or     
conditional co-operation and zoning agreements for about 795,000 m² (717,000),  
of which about 294,000 m² (340,000) were residential building rights. The       
balance sheet value of the building plots was EUR 94.0 million (93.0).          

Demand for non-residential building construction remained minimal during the    
review period. However, commercial and logistics construction bucked the trend  
and continued at a reasonable level. One of the most notable new orders         
announced during the review period was an eco-efficient office and residential  
building to be built in Töölönlahti in downtown Helsinki. The client and owner  
of the building is Etera Mutual Pension Insurance Company and the principal     
tenant will be Alma Media Corporation, a Finnish media company. Construction    
work will begin in spring 2011 and the building will be completed in 2012.      

Lemminkäinen won a number of public building contracts during the review period.
These included renovation and basic repair contracts for schools and day-care   
centres in Oulu, Joensuu, Vähäkyrö and Laihia. The renovation construction      
market remained stable during the review period. Renovation construction        
accounted for about 22% (17) of Lemminkäinen's building construction business in
the review period.                                                              

Operations outside Finland                                                      

--------------------------------------------------------------------------------
| Lemminkäinen's private-sector     |    1-6/2010 |     1-6/2009 |   1-12/2009 |
| housing production, Russia        |             |              |             |
--------------------------------------------------------------------------------
| Housing starts	                   |         200 |            0 |           0 |
--------------------------------------------------------------------------------
| Housing units sold                |         129 |           50 |         133 |
--------------------------------------------------------------------------------
| Completed                         |           0 |            0 |         104 |
--------------------------------------------------------------------------------
| Under construction at end of      |         698 |          323 |         479 |
| period                            |             |              |             |
--------------------------------------------------------------------------------
|   - of which unsold               |         469 |          212 |         367 |
--------------------------------------------------------------------------------
| Unsold completed units at end of  |           0 |            0 |          22 |
| period                            |             |              |             |
--------------------------------------------------------------------------------

In Russia housing sales were brisker than in the same period last year. The     
pick-up in sales was caused by the general recovery of the Russian economy as   
well as Lemminkäinen's own active marketing efforts.                            

During the review period Lemminkäinen acquired a building plot in St. Petersburg
on which it will start to construct a new apartment building. The 540-unit      
building is expected to be completed in autumn 2013. Lemminkäinen has also      
acquired a residential development already under construction in Ozerki, a      
district in the north of St Petersburg. The site comprises some 200 apartments  
as well as commercial premises. The construction work will be completed in      
autumn 2011, and sales of apartments will commence in the autumn of this year.  

Lemminkäinen is building a plastic film extrusion plant for Ab Rani Plast Oy at 
Kaluga industrial park in Russia. Rani Plast is the first client in             
Lemminkäinen's Kaluga industrial park, which covers approx. 135 hectares and has
room for twenty or so industrial plants and logistics centres.                  

The value of Lemminkäinen's assets tied up in Russia were EUR 65.0 million      
(39.2) at the end of the review period.                                         

In addition to Russia, the other important markets outside Finland for the      
Building Construction business sector are Sweden, China, India and Poland.      


INFRASTRUCTURE CONSTRUCTION                                                     

--------------------------------------------------------------------------------
| Key figures, EUR   | 4-6/2010 |  4-6/2009 |  1-6/2010 | 1-6/2009 | 1-12/2009 |
| million*)          |          |           |           |          |           |
--------------------------------------------------------------------------------
| Net sales          |    226.0 |     222.1 |     277.2 |    290.1 |     768.0 |
--------------------------------------------------------------------------------
| Operating          |     13.5 |      12.8 |     -10.8 |     -5.5 |      22.0 |
| profit**)          |          |           |           |          |           |
--------------------------------------------------------------------------------
| Operating margin,  |      6.0 |       5.7 |      -3.9 |     -1.9 |       2.9 |
| %                  |          |           |           |          |           |
--------------------------------------------------------------------------------
| Order book at end  |          |           |     543.9 |    490.0 |     319.2 |
| of period          |          |           |           |          |           |
--------------------------------------------------------------------------------

*) Forssan Betoni Oy, which formerly belonged to Lemminkäinen's Infrastructure  
Construction business sector, was transferred on 1 January 2010 to the Building 
Products business sector. The comparative figures for 2009 have also been       
prepared in accordance with the new organisation.                               
**) From 1 January 2010 financial items are no longer reported                  
sector-specifically in segment reports delivered to management. For this reason 
sector-specific comparative figures are presented only up until the operating   
profit line.                                                                    


The net sales of the Infrastructure Construction business sector remained at    
comparison period's level, at EUR 277.2 million (290.1). The business sector    
generated 52% (52) of its net sales in Finland, 38% (36) in the other Nordic    
countries, 6% (10) in the Baltic states, and 4% (2) in other countries. The     
business sector's operating result was EUR -10.8 million (-5.5). The            
exceptionally long winter delayed the beginning of the work season, but in June 
for example the paving operations in Finland and Denmark were brisker than at   
the same time last year.                                                        

In spite of intensified competition, the Infrastructure Construction business   
sector's order book at the end of the review period was 11% higher than a year  
earlier at EUR 543.9 million (490.0).                                           

Operations in Finland                                                           

In spite of constrained municipal finances, demand for paving works especially  
in large municipalities was good during the review period. However, the total   
volume of paving works was down on the previous year, which resulted in tougher 
competition for contracts.                                                      

In rock engineering the review period was brisk thanks to both projects started 
in the first quarter and won during the review period. Also, new mine projects  
are starting up. Demand for geotechnical engineering works was good in the      
review period, and Lemminkäinen won a number of stabilisation and foundation    
reinforcement contracts. Demand for transport infrastructure construction       
continued to be reasonable during the review period but competition was tough.  

In mineral aggregates and crushing contracting the winter was quiet, but demand 
picked up towards the end of the review period as building construction         
increased.                                                                      

Operations outside Finland                                                      

Harsh winter conditions in the early part of the review period exceptionally    
halted paving works in Norway and Denmark. The commencement of works was delayed
by the long winter, but May and June were good months, especially in Denmark.   
The competitive situation worsened in Denmark and Norway.                       

In Norway Lemminkäinen acquired a 75% majority stake in Asfalt Remix AS, a      
Norwegian company specialising in the cold milling of asphalt pavement, which   
generated net sales of EUR 8 million in 2009. Lemminkäinen also acquired a 90.1%
stake in Risa Rock AS, a tunnel excavation company operating throughout Norway, 
which generated net sales of EUR 16 million in 2009.                            

In Sweden Lemminkäinen was primarily occupied with tunnel and geotechnical      
engineering works as well as the excavation of the Kiruna iron ore mine.        

In the Baltic states the harsh winter exceptionally halted paving works and     
delayed the start of the season. The weak state of public finances resulted in  
tougher competition, which was also reflected in the profitability of business  
operations.                                                                     


TECHNICAL BUILDING SERVICES                                                     

--------------------------------------------------------------------------------
| Key figures, EUR    |   4-6/2010 | 4-6/2009 | 1-6/201 | 1-6/2009 | 1-12/2009 |
| million             |            |          |       0 |          |           |
--------------------------------------------------------------------------------
| Net sales           |       55.8 |     60.6 |   110.0 |    115.9 |     233.8 |
--------------------------------------------------------------------------------
| Operating profit*)  |        0.4 |      2.6 |     1.5 |      5.1 |      12.2 |
--------------------------------------------------------------------------------
| Operating margin, % |        0.7 |      4.3 |     1.4 |      4.4 |       5.2 |
--------------------------------------------------------------------------------
| Order book at end   |            |          |   118.0 |     84.0 |     106.8 |
| of period           |            |          |         |          |           |
--------------------------------------------------------------------------------

*) From 1 January 2010 financial items are no longer reported                   
sector-specifically in segment reports delivered to management. For this reason 
sector-specific comparative figures are presented only up until the operating   
profit line.                                                                    


The first-half net sales of the Technical Building Services business sector     
remained at the level of year earlier at EUR 110.0 million (115.9). The         
operating profit was EUR 1.5 million (5.1). Profitability was impaired by       
intensified competition as well as non-recurring items stemming from            
restructuring and business adjustment measures.                                 

In new construction technical building service works take place in the final    
phase of construction projects and increased building construction activity     
shows up in the demand of technical building services with a lag. Demand for the
business sector's industrial services remained minimal during the review period.
The emphasis in technical building services is increasingly shifting towards    
renovation construction and servicing and maintenance work, which nowadays      
already account for a half of the business sector's net sales.                  

The order book at the end of the review period was up 40% on the previous year's
level at EUR 118.0 million (84.0)                                               




BUILDING PRODUCTS                                                               

--------------------------------------------------------------------------------
| Key figures. EUR    |  4-6/2010 | 4-6/2009 | 1-6/2010 | 1-6/2009 | 1-12/2009 |
| million*)           |           |          |          |          |           |
--------------------------------------------------------------------------------
| Net sales           |      44.7 |     44.0 |     65.0 |     66.6 |     154.2 |
--------------------------------------------------------------------------------
| Operating profit**) |       3.4 |      4.6 |     -0.3 |      2.5 |      10.4 |
--------------------------------------------------------------------------------
| Operating margin, % |       7.6 |     10.4 |     -0.5 |      3.8 |       6.8 |
--------------------------------------------------------------------------------
| Order book at end   |           |          |     41.2 |     48.9 |      36.8 |
| of period           |           |          |          |          |           |
--------------------------------------------------------------------------------

*) Forssan Betoni Oy, which formerly belonged to Lemminkäinen's Infrastructure  
Construction business sector, was transferred on 1 January 2010 to the Building 
Products business sector. The comparative figures for 2009 have also been       
prepared in accordance with the new organisation.                               
**) From 1 January 2010 financial items are no longer reported                  
sector-specifically in segment reports delivered to management. For this reason 
sector-specific comparative figures are presented only up until the operating   
profit line.                                                                    


The net sales of the Building Products business sector were EUR 65.0 million    
(66.6) and the operating profit EUR -0.3 million (2.5).                         

The exceptionally long winter delayed the start of the contracting season. The  
sales season for yard paving stones and roofing products was also delayed, but  
sales picked up towards the end of the review period and reached the level of   
the previous year. Demand for pre-cast concrete staircase and façade elements   
continued to be brisk thanks to the recovery of housing construction. Stiffening
competition weakened profitability. Efficiency-boosting measures aimed at       
lowering costs have been initiated in the business sector.                      

The order book at the end of the review period was EUR 41.2 million (48.9).     


SHARES AND SHARE CAPITAL                                                        

The listed price of Lemminkäinen Corporation's share was EUR 24.20 (13.05) at   
the beginning of the review period and EUR 23.80 (19.02) at the end of the      
review period. The market capitalisation at the end of the review period was EUR
467.5 million (323.7). Altogether 2,450,521 shares (884,329) were traded during 
the review period. The total value of the turnover was EUR 60.6 million (15.4). 
At the end of the review period the Company had 5,076 (4,790) shareholders.     

The Extraordinary General Meeting of Lemminkäinen Corporation, held on 12       
November 2009, decided in accordance with the proposal of the Board of          
Directors, to authorise the Board of Directors to resolve on a share issue      
and/or an issue of special rights entitling to shares referred to in Chapter 10,
Section 1 of the Finnish Limited Liability Companies Act, in one or several     
instalments, either against payment or without payment. The General Meeting also
authorised the Board of Directors to resolve on the acquisition of the Company's
own shares.                                                                     

On 17 March 2010 the Board of Directors decided on two separate share issues.   
The Company offered 1,700,000 new shares in the Company for subscription by     
private and institutional investors approved by the Board of Directors. The     
Board of Directors also decided on a share issue in which the Company offered   
923,514 new shares in the Company for subscription against receipt of           
consideration in the form of shares by the minority shareholders of Lemminkäinen
Corporation's subsidiaries Lemminkäinen Talotekniikka Oy and Lemminkäinen Talo  
Oy. The subscription price of the shares was EUR 23.25. The new shares were     
recorded in the Trade Registry and listed on NASDAQ OMX Helsinki Ltd on 23 March
2010.                                                                           

After the share issues the Board of Directors was still authorised to issue     
1,576,486 shares and/or special rights entitling to shares. The authorisation   
will remain in force for five (5) years from the date on which it was granted.  
Moreover, the authority granted to the Board of Directors by the Extraordinary  
General Meeting on 12 November 2009 to acquire the Company's own shares has not 
been used, and it will remain in force for 18 months from the date of the       
General Meeting's decision.                                                     

Lemminkäinen's share capital is EUR 34,042,500. The Company has one share series
and after the share issue the total number of issued shares is 19,644,764.      
                                                                                

INVESTMENTS                                                                     

Gross investments made during the review period amounted to EUR 33.8 million    
(19.4). The investments were mainly replacement investments for infrastructure  
construction, but also included two business acquisitions made in the review    
period.                                                                         

PERSONNEL                                                                       

--------------------------------------------------------------------------------
| Personnel, average                |    1-6/2010 |     1-6/2009 |   1-12/2009 |
--------------------------------------------------------------------------------
| Hourly paid employees             |       5,057 |        5,374 |       5,559 |
--------------------------------------------------------------------------------
| Salaried staff                    |       2,909 |        3,169 |       3,067 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Personnel, total                  |       7,966 |        8,543 |       8,626 |
--------------------------------------------------------------------------------
| of whom working outside Finland   |       2,304 |        2,655 |       2,607 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Personnel at the end of the       |       9,302 |        9,589 |       7,759 |
| review period                     |             |              |             |
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
| Personnel by business sector,     |    1-6/2010 |     1-6/2009 |   1-12/2009 |
| average                           |             |              |             |
--------------------------------------------------------------------------------
| Building Construction             |       2,217 |        2,480 |       2,356 |
--------------------------------------------------------------------------------
| Infrastructure Construction*)     |       2,940 |        3,204 |       3,395 |
--------------------------------------------------------------------------------
| Technical Building Services       |       1,885 |        1,955 |       1,941 |
--------------------------------------------------------------------------------
| Building Products*)               |         808 |          791 |         820 |
--------------------------------------------------------------------------------
| Parent company                    |         116 |          113 |         114 |
--------------------------------------------------------------------------------
| Total                             |       7,966 |        8,543 |       8,626 |
--------------------------------------------------------------------------------

*) Forssan Betoni Oy, which formerly belonged to Lemminkäinen's Infrastructure  
Construction business sector, was transferred on 1 January 2010 to the Building 
Products business sector. The comparative figures for 2009 have also been       
prepared in accordance with the new organisation.                               


The average number of employees in the Group during the review period was 7,966 
(8,543), down 7% on the comparison period. 71% (69) of the personnel worked in  
Finland, 12% (12) in other Nordic countries, 11% (11) in the Baltic states and  
6% (8) in other countries.                                                      

The number of personnel has been adjusted to the prevailing market situation.   


ORGANISATIONAL CHANGES                                                          

A goal in the strategy is to move towards one united Lemminkäinen. This         
involves, among other things, streamlining the organisation of the Group. About 
20 of the Group's subsidiaries in Finland will be merged during 2010. The       
changes are biggest in the Building Construction and Technical Building Services
business sectors.                                                               

Lemminkäinen's support functions - human resources, finance, IT and             
communications and marketing - are also being developed and centralised. The    
development of cost-effective, high-quality and professionally delivered        
services targets to offer common services that effectively support business     
goals, enhance competitive advantages and support growth.                       


ANNUAL GENERAL MEETING DECISIONS AND GOVERNANCE                                 

On 16 April 2010 Lemminkäinen Corporation's Annual General Meeting approved the 
Company's final accounts and consolidated financial statements for 2009 and     
granted the members of the Board of Directors and the President & CEO discharge 
from liability. The Annual General Meeting decided in accordance with the Board 
of Directors' proposal that no dividend would be paid for the 2009 accounting   
period.                                                                         

The following persons were re-elected to serve on the Board of Directors: Berndt
Brunow, Juhani Mäkinen, Mikael Mäkinen, Kristina Pentti-von Walzel, Heikki Räty 
and Teppo Taberman. PricewaterhouseCoopers Oy, a firm of authorised public      
accountants, was re-elected to serve as the Company's auditors, with Jan        
Holmberg, APA, acting as chief auditor.                                         

Lemminkäinen Corporation's Board of Directors held an organising meeting on 16  
April 2010. Berndt Brunow continues as the Chairman of the Board of Directors,  
and Juhani Mäkinen as the Vice Chairman.                                        


LEGAL PROCEEDINGS                                                               

In 2009 the Supreme Administrative Court (SAC) fined a number of Finnish asphalt
industry companies for violations of the Act on Competition Restrictions.       

At present, 29 municipalities and the Finnish Road Administration have brought  
actions for the recovery of damages from Lemminkäinen and other asphalt         
companies in the District Court of Helsinki. The claimants contend that         
restrictions of competition have caused them damages. The capital amount of the 
claims presented against Lemminkäinen is at present about EUR 73 million. The   
claims presented in the statements of claim differ from each other as regards   
their amounts and grounds.                                                      

The decision rendered by the SAC in 2009 as it stands does not mean that        
Lemminkäinen or the other asphalt industry companies actually caused the parties
ordering asphalt works any damages. The SAC's decision does not concern the     
individual contracts that the claimants are citing in support of their claims.  
Neither does the decision concern the pricing of individual contracts, nor has  
the SAC considered the claim that pricing deviating from the market price had   
been used in the contracts.                                                     

Lemminkäinen's initial position is that the claims are without foundation       

The claims will be brought separately before the District Court of Helsinki and 
heard in the order determined by the court. It is likely that district court    
proceedings will continue into 2011.                                            

No provision for future expense has been made in respect of the statements of   
claims submitted so far to the district court by the municipalities and the     
Finnish Road Administration.                                                    

Lemminkäinen will provide further updates on the matter in connection with      
interim financial reviews or, if necessary, as separate releases.               


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. The measures necessary to manage the most significant     
identified risks have been specified.                                           

In the near future, market risk poses the most significant threat to            
Lemminkäinen. The international economic downturn is creating uncertainty in key
sectors of Lemminkäinen's operating environment and making it more difficult to 
foresee future changes. As a consequence of this, Lemminkäinen adjusted its     
business operations to the new market demand at the end of 2008 and in 2009.    
                                                                                
Although housing sales have developed favourably, the general economic situation
is still unstable. For this reason new housing starts are being made only if a  
sufficiently high percentage of the units are reserved by buyers in advance.    

Another risk are the aforementioned statements of claim submitted to the        
District Court of Helsinki by certain municipalities and the Finnish Road       
Administration.                                                                 

Operating in a number of business sectors with differing cyclical behaviours is 
a cornerstone of Lemminkäinen's strategy. Fluctuating demand for new            
construction in Finland is counterbalanced by infrastructure construction. The  
building repair and maintenance businesses account for a third of the Group's   
business.                                                                       

The Company's Annual Report and website provide more information on             
Lemminkäinen's risk management.                                                 



OUTLOOK FOR 2010                                                                

According to economic forecasts, Finland's gross domestic production is expected
to return to growth in 2010. The total volume of construction will either remain
at the 2009 level or grow slightly (Source: VTT, Technical Research Centre of   
Finland).                                                                       

The number of new building construction starts will be up on last year, and     
housing production in particular is expected to grow as housing sales pick up.  
Non-residential construction is likely to remain more subdued than last year.   
Especially in Helsinki Metropolitan Area the office building occupancy rate is  
exceptionally low, and the number of new office building starts is expected to  
remain minimal.                                                                 

Renovation construction and demand for technical building services is expected  
to remain stable. In Russia the pick-up in the housing market continued in the  
first half of the year, and the volume of construction is forecast to grow      
during 2010.                                                                    

Most of the new major transport infrastructure projects are scheduled for 2011  
and 2012, but projects already in progress are providing work for infrastructure
builders. The recovery of building construction will also improve the employment
of infra builders. In Finland the government intends to make further cuts in its
investments in basic highway maintenance and it is estimated that the           
constrained finances of the municipalities may reduce the volume of             
infrastructure construction this year.                                          

In the other Nordic countries investments in infrastructure development will    
keep these markets at a favourable level in the years ahead. The situation in   
the Baltic states will continue to be challenging.                              

Demand for building materials follows the building construction cycle, and      
demand is estimated to pick up with the recovery of residential construction in 
2010.                                                                           

Lemminkäinen estimates that net sales and the result before taxes for the 2010  
accounting period will be at the 2009 level, the infringement fine imposed by   
the SAC being excluded from the 2009 comparative figures.                       


EVENTS AFTER THE REVIEW PERIOD                                                  

In July 2010 Lemminkäinen won two earthworks and concrete construction contracts
from Kevitsa Mining AB for its Kevitsa Nickel/Copper concentrator in Sodankylä, 
Northern Finland. The customer is a subsidiary of the Canadian mining company   
First Quantum Minerals Ltd. The total value of the construction works is approx.
EUR 10 million, and they are expected to be completed in spring 2011.           

In the same month Lemminkäinen signed a contract to continue co-operation in the
full renovation of the Kluuvi shopping centre in downtown Helsinki. The project 
management contract is worth approx. EUR 17 million and the works will be       
completed by autumn 2011.                                                       

Lemminkäinen is to build a cable tunnel in Mörby, a northern suburb of          
Stockholm. The contract is worth approx. EUR 10 million and it will be completed
in summer 2013.                                                                 




Helsinki, 5 August 2010                                                         

LEMMINKÄINEN CORPORATION                                                        
Board of Directors                                                              



TABULATED SECTION OF THE INTERIM FINANCIAL REVIEW                               

ACCOUNTING PRINCIPLES                                                           

This interim financial review has been prepared in accordance with the          
recognition and measurement principles of the IFRS standards and it complies    
with the IAS 34 Interim Financial Reporting Standard. The same IFRS recognition 
and measurement principles as those used in the annual financial statements for 
2009 have been applied in the interim financial review with the below-mentioned 
changes.                                                                        

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

The interpretation IFRIC 15 - Agreements for the Construction of Real Estate was
adopted from the beginning of 2010. The comparative figures starting  from      
1.1.2009 have also been calculated in accordance with the provisions of the new 
interpretation. IFRIC 15 affected not only the figures of Lemminkäinen Group but
also those of the Building Construction business sector. Furthermore, Forssan   
Betoni Oy, which formerly belonged to the Infrastructure Construction business  
sector, was transferred at the beginning of January 2010 to the Building        
Products business sector. The Group and business sector-specific figures given  
in this bulletin are pro forma figures.                                         

Standards and interpretations adopted from the beginning of 2010                

- IFRIC 15. Agreements for the Construction of Real Estate. The interpretation  
clarifies whether an agreement for the construction of real estate falls within 
the scope of IAS 11 Construction Contracts or IAS 18 Revenue, and when income   
from such construction projects can be recognised on the basis of percentage of 
completion. In Lemminkäinen Group the new interpretation affects especially the 
income recognition practice for own housing production, the basis of which      
changed on 1 January 2010 from percentage-of-completion to full completion and  
delivery.                                                                       

- IFRIC 12 Service Concession Arrangements. The interpretation applies to       
contractual arrangements whereby a private-sector operator participates in the  
development, financing, operation of public services or the maintenance of      
infrastructure.                                                                 

- IFRS 3 (Revised), Business combinations. The revised standard continues to    
apply the acquisition method to business combinations, with some significant    
changes. For example, all costs directly associated with the transaction are to 
be expensed as incurred. Contingent consideration is to be recorded at fair     
value even if its realisation may be presumed unlikely at the transaction date. 
Subsequent changes in contingent liabilities are recorded at fair value through 
income, and not as an adjustment to goodwill, as was the practice before the    
adoption of the interpretation. In a step acquisition, previously acquired      
equity interests are recorded at fair value at the acquisition date. Goodwill   
may be calculated based on the parent company's share of net assets or it may   
include goodwill related to the non-controlling interest.                       

- IAS 27 (Revised), Consolidated and separate financial statements. The revised 
standard requires the effects of all transactions with non-controlling interests
to be recorded in equity if there is no change in control. Thus, transactions   
with non-controlling interests will no longer result in goodwill or the         
recognition of gains or losses through profit or loss. The standard also        
specifies the accounting when control is lost. Any remaining interest in the    
entity is remeasured to fair value and a gain or loss is recognised through     
profit or loss.                                                                 

- IAS 17 (Revised), Leases. The revised standard requires the classification of 
land areas as finance leasing or some other leasing agreements in accordance    
with the general classification criteria  of IAS 17. The revision does not have 
any essential bearing on the figures presented in the Interim Financial Review. 

An assessment indicates that the following interpretations and standards have no
essential bearing on Lemminkäinen Group's Interim Financial Review: IAS 1       
(Revised), IAS 18 (Revised), IAS 38 (Revised), IAS 39 (Revised), IFRS 2         
(Revised), IFRS 5 (Revised), IFRS 8 (Revised), IFRIC 9, IFRIC 16, IFRIC 17 and  
IFRIC 18.                                                                       


Effects of new interpretations of IFRS standards in the future                  

The standards and interpretations published by IASB and listed below will come  
into force in 2011 or thereafter. The Group has decided against their early     
adoption and will apply them in future accounting periods.                      


An assessment indicates that the following interpretations and standards have no
essential bearing on Lemminkäinen Group's financial statements: IAS 24          
(Revised), IFRIC 14, IFRIC 19.                                                  


FINANCIAL STATEMENTS AND OTHER TABULATED INFORMATION                            

1) Consolidated income statement                                                
2) Consolidated statement of comprehensive income                               
3) Consolidated statement of financial position                                 
4) Consolidated cash flow statement                                             
5) Consolidated statement of changes in equity                                  
6) Consolidated income statement, quarterly                                     
7) Segment information                                                          
8) Economic trends and financial indicators                                     
9) Share-specific indicators                                                    
10) Tangible assets                                                             
11) Acquired and divested businesses                                            
12) Related-party transactions                                                  
13) Guarantees and contingent liabilities                                       
14) Legal proceedings                                                           


1) CONSOLIDATED INCOME STATEMENT                                                

--------------------------------------------------------------------------------
|                               |  4-6/ |    4-6/ |    1-6/ |   1-6/ |   1-12/ |
--------------------------------------------------------------------------------
| EUR mill.                     |  2010 |    2009 |    2010 |   2009 |    2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Net sales                     | 478.8 |   528.3 |   763.2 |  871.8 | 1,965.5 |
--------------------------------------------------------------------------------
| Operating income and expenses | -449. |  -491.3 |  -756.9 | -836.7 | -1,909. |
|                               |     0 |         |         |        |       6 |
--------------------------------------------------------------------------------
| Depreciation                  |   9.6 |     9.5 |    14.3 |   14.2 |    34.3 |
--------------------------------------------------------------------------------
| Share of the results of       |  -0.2 |     0.3 |    -0.4 |    0.0 |     1.5 |
| affiliated companies          |       |         |         |        |         |
--------------------------------------------------------------------------------
| Operating profit/loss         |  20.0 |    27.8 |    -8.5 |   21.0 |    23.2 |
--------------------------------------------------------------------------------
| Financial expenses            |  10.0 |    10.4 |    22.1 |   30.5 |    54.1 |
--------------------------------------------------------------------------------
| Financial income              |   5.0 |     1.2 |    11.7 |   11.4 |    20.7 |
--------------------------------------------------------------------------------
| Profit/loss before taxes      |  15.0 |    18.6 |   -19.0 |    1.9 |   -10.2 |
--------------------------------------------------------------------------------
| Income taxes                  |  -5.2 |    -5.6 |     2.4 |   -2.2 |   -13.6 |
--------------------------------------------------------------------------------
| Profit/loss for the           |   9.8 |    13.0 |   -16.6 |   -0.3 |   -23.8 |
| accounting period             |       |         |         |        |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Distribution of the profit/loss for   |         |         |        |         |
| the accounting period                 |         |         |        |         |
--------------------------------------------------------------------------------
| To shareholders of the parent |   9.5 |    12.3 |   -17.1 |   -1.5 |   -26.2 |
| company                       |       |         |         |        |         |
--------------------------------------------------------------------------------
| To minority interests         |   0.3 |     0.7 |     0.6 |    1.2 |     2.4 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| EPS calculated from profit/loss attributable to parent    |        |         |
| company shareholders                                      |        |         |
--------------------------------------------------------------------------------
| Earnings per share, diluted   |  0.60 |    0.72 |   -0.92 |  -0.09 |   -1.54 |
| and undiluted, EUR            |       |         |         |        |         |
--------------------------------------------------------------------------------


2) CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME                               

--------------------------------------------------------------------------------
|                               |  4-6/ |    4-6/ |    1-6/ |   1-6/ |   1-12/ |
--------------------------------------------------------------------------------
| EUR mill.                     |  2010 |    2009 |    2010 |   2009 |    2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Profit/loss for the           |   9.8 |    13.0 |   -16.6 |   -0.3 |   -23.8 |
| accounting period             |       |         |         |        |         |
--------------------------------------------------------------------------------
| Translation difference        |   1.9 |    -1.1 |     3.9 |    0.5 |     3.4 |
--------------------------------------------------------------------------------
| Hedging of net investment     |       |         |         |        |         |
--------------------------------------------------------------------------------
| in foreign subsidiary         |       |     0.5 |         |   -0.5 |    -0.4 |
--------------------------------------------------------------------------------
| Cash flow hedge               |   0.1 |     0.2 |    -0.1 |   -0.4 |    -0.2 |
--------------------------------------------------------------------------------
| Change in fair value          |   0.0 |         |     0.1 |        |         |
--------------------------------------------------------------------------------
| Other comprehensive income,   |   2.0 |    -0.4 |     3.9 |   -0.5 |     2.8 |
| total                         |       |         |         |        |         |
--------------------------------------------------------------------------------
| Comprehensive income for the  |  11.8 |    12.6 |   -12.7 |   -0.8 |   -21.0 |
| accounting period             |       |         |         |        |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Distribution of comprehensive income for the    |         |        |         |
| accounting period                               |         |        |         |
--------------------------------------------------------------------------------
| To shareholders of  the       |  11.5 |    12.0 |   -13.3 |   -2.0 |   -23.4 |
| parent company                |       |         |         |        |         |
--------------------------------------------------------------------------------
| To minority interests         |   0.3 |     0.7 |     0.6 |    1.2 |     2.4 |
--------------------------------------------------------------------------------


3) CONSOLIDATED STATEMENT OF FINANCIAL POSITION                                 

--------------------------------------------------------------------------------
| EUR mill.                               |   6/2010 |      6/2009 |   12/2009 |
--------------------------------------------------------------------------------
| Non-current assets                      |          |             |           |
--------------------------------------------------------------------------------
| Tangible assets                         |    189.5 |       188.4 |     184.6 |
--------------------------------------------------------------------------------
| Goodwill                                |     86.6 |        76.8 |      78.3 |
--------------------------------------------------------------------------------
| Other intangible assets                 |      5.6 |         2.4 |       2.7 |
--------------------------------------------------------------------------------
| Investments                             |     12.5 |        11.1 |      12.8 |
--------------------------------------------------------------------------------
| Deferred tax asset                      |     21.4 |        16.4 |      14.3 |
--------------------------------------------------------------------------------
| Other non-current receivables           |      7.3 |         6.6 |       7.5 |
--------------------------------------------------------------------------------
| Total                                   |    322.9 |       301.7 |     300.1 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Current assets                          |          |             |           |
--------------------------------------------------------------------------------
| Inventories                             |    427.5 |       447.4 |     374.7 |
--------------------------------------------------------------------------------
| Trade and other receivables             |    397.2 |       504.3 |     305.1 |
--------------------------------------------------------------------------------
| Cash funds                              |     39.0 |       111.0 |      74.4 |
--------------------------------------------------------------------------------
| Total                                   |    863.7 |     1,062.7 |     754.3 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Assets, total                           |  1,186.6 |     1,364.4 |   1,054.4 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| 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 |
--------------------------------------------------------------------------------
| Hedging reserve                         |     -2.0 |        -2.2 |      -2.0 |
--------------------------------------------------------------------------------
| Fair value reserve                      |      0.1 |             |           |
--------------------------------------------------------------------------------
| Invested unrestricted equity reserve    |     63.1 |             |           |
--------------------------------------------------------------------------------
| Translation differences                 |      2.2 |        -4.8 |      -1.7 |
--------------------------------------------------------------------------------
| Retained earnings                       |    225.5 |       261.6 |     261.6 |
--------------------------------------------------------------------------------
| Profit/loss for the period              |    -17.1 |        -1.5 |     -26.2 |
--------------------------------------------------------------------------------
| Shareholders' equity before minority    |    311.5 |       292.9 |     271.5 |
| interest                                |          |             |           |
--------------------------------------------------------------------------------
| Minority interest                       |      7.7 |        23.0 |      23.2 |
--------------------------------------------------------------------------------
| Shareholders' equity, total             |    319.2 |       315.9 |     294.8 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Non-current liabilities                 |          |             |           |
--------------------------------------------------------------------------------
| Deferred tax liabilities                |     15.9 |        16.5 |      19.0 |
--------------------------------------------------------------------------------
| Pension liabilities                     |      0.5 |         0.2 |       0.7 |
--------------------------------------------------------------------------------
| Provisions                              |      2.9 |         2.0 |       1.8 |
--------------------------------------------------------------------------------
| Financial liabilities                   |    174.3 |       267.8 |     290.7 |
--------------------------------------------------------------------------------
| Other liabilities                       |      2.1 |         2.4 |       2.4 |
--------------------------------------------------------------------------------
| Total                                   |    195.7 |       288.8 |     314.6 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Current liabilities                     |          |             |           |
--------------------------------------------------------------------------------
| Accounts payable and other liabilities  |    390.6 |       463.7 |     328.4 |
--------------------------------------------------------------------------------
| Provisions                              |      6.9 |         7.5 |       8.3 |
--------------------------------------------------------------------------------
| Financial liabilities                   |    274.1 |       288.4 |     108.4 |
--------------------------------------------------------------------------------
| Total                                   |    671.6 |       759.6 |     445.0 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Shareholders' equity and liabilities,   |  1,186.6 |     1,364.4 |   1,054.4 |
| total                                   |          |             |           |
--------------------------------------------------------------------------------


4) CONSOLIDATED CASH FLOW STATEMENT                                             

--------------------------------------------------------------------------------
|                                         |     1-6/ |        1-6/ |     1-12/ |
--------------------------------------------------------------------------------
| EUR mill.                               |     2010 |        2009 |      2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Profit/loss before taxes                |    -19.0 |         1.9 |     -10.2 |
--------------------------------------------------------------------------------
| Depreciation                            |     14.3 |        14.2 |      34.3 |
--------------------------------------------------------------------------------
| Other adjustments                       |      6.8 |        16.9 |      33.9 |
--------------------------------------------------------------------------------
| Cash flow before change in working      |      2.2 |        33.0 |      58.0 |
| capital                                 |          |             |           |
--------------------------------------------------------------------------------
| Change in working capital               |    -76.9 |       -62.8 |      52.4 |
--------------------------------------------------------------------------------
| Financial items                         |    -11.0 |       -26.7 |     -30.2 |
--------------------------------------------------------------------------------
| Direct taxes paid                       |    -11.2 |       -14.1 |     -16.0 |
--------------------------------------------------------------------------------
| Cash flow from operating activities     |    -96.9 |       -70.6 |      64.2 |
--------------------------------------------------------------------------------
| Cash flow provided by investing         |      9.5 |         1.9 |      11.9 |
| activities                              |          |             |           |
--------------------------------------------------------------------------------
| Cash flow used in investing activities  |    -24.1 |       -18.2 |     -30.5 |
--------------------------------------------------------------------------------
| Share issue for cash consideration      |     39.5 |             |           |
--------------------------------------------------------------------------------
| Change in non-current receivables       |      0.2 |        -0.3 |       0.0 |
--------------------------------------------------------------------------------
| Drawings of loans                       |    160.0 |       406.7 |     562.3 |
--------------------------------------------------------------------------------
| Repayments of loans                     |   -120.5 |      -438.8 |    -764.6 |
--------------------------------------------------------------------------------
| Dividends paid                          |     -2.0 |       -17.9 |     -18.0 |
--------------------------------------------------------------------------------
| Cash flow from financing activities     |     77.3 |       -50.3 |    -220.2 |
--------------------------------------------------------------------------------
| Change in cash funds                    |    -34.3 |      -137.1 |    -174.6 |
--------------------------------------------------------------------------------
| Cash funds at beginning of period       |     74.4 |       250.1 |     250.1 |
--------------------------------------------------------------------------------
| Translation difference of cash funds    |     -1.2 |        -1.9 |      -1.1 |
--------------------------------------------------------------------------------
| Cash funds at end of period             |     39.0 |       111.0 |      74.4 |
--------------------------------------------------------------------------------


5) CONSOLIDATED STATEMENT OF CHANGES IN EQUITY                                  

A = Share capital                                                               
B = Share premium account                                                       
C = Hedging reserve                                                             
D = Fair value reserve                                                          
E = Invested unrestricted equity reserve                                        
F = Translation difference                                                      
G = Retained earnings                                                           
H = Minority interest                                                           
I = Shareholders' equity total                                                  


--------------------------------------------------------------------------------
| EUR      |    A |     B |    C |    D |     E |     F |     G |     H |    I |
| mill.    |      |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Shareholders'   |       |      |      |       |       |       |       |      |
| equity          |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| 1.1.2009 | 34.0 |   5.8 | -1.7 |      |       |  -4.7 | 276.9 |  27.3 | 337. |
|          |      |       |      |      |       |       |       |       |    6 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Profit/l |      |       |      |      |       |       |       |       |      |
| oss for  |      |       |      |      |       |       |       |       |      |
| the      |      |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| accounti |      |       |      |      |       |       |  -1.5 |   1.2 | -0.3 |
| ng       |      |       |      |      |       |       |       |       |      |
| period   |      |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| Translation     |       |      |      |       |   0.5 |       |       |  0.5 |
| difference      |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| Hedging of net  |       |      |      |       |       |       |       |      |
| investment      |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| in foreign      |       |      |      |       |  -0.5 |       |       | -0.5 |
| subsidiary      |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| Cash     |      |       | -0.4 |      |       |       |       |       | -0.4 |
| flow     |      |       |      |      |       |       |       |       |      |
| hedge    |      |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| Comprehensive income,   | -0.4 |      |       |   0.0 |  -1.5 |   1.2 | -0.8 |
| total                   |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Dividend        |       |      |      |       |       | -15.3 |  -2.0 | -17. |
| distribution    |       |      |      |       |       |       |       |    3 |
--------------------------------------------------------------------------------
| Change   |      |       |      |      |       |       |       |       |      |
| in       |      |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| minority |      |       |      |      |       |       |       |  -3.6 | -3.6 |
| interest |      |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| Transact |      |       |      |      |       |       |       |       |      |
| ions     |      |       |      |      |       |       |       |       |      |
| with     |      |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| owners,  |      |       |      |      |       |       | -15.3 |  -5.5 | -20. |
| total    |      |       |      |      |       |       |       |       |    9 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Shareholders'   |       |      |      |       |       |       |       |      |
| equity          |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| 30.6.200 | 34.0 |   5.8 | -2.2 |      |       |  -4.8 | 260.1 |  23.0 | 315. |
| 9        |      |       |      |      |       |       |       |       |    9 |
--------------------------------------------------------------------------------



--------------------------------------------------------------------------------
| EUR      |    A |     B |    C |    D |     E |     F |     G |     H |    I |
| mill.    |      |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Shareholders'   |       |      |      |       |       |       |       |      |
| equity          |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| 1.1.2009 | 34.0 |   5.8 | -1.7 |      |       |  -4.7 | 276.9 |  27.3 | 337. |
|          |      |       |      |      |       |       |       |       |    6 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Profit/l |      |       |      |      |       |       |       |       |      |
| oss for  |      |       |      |      |       |       |       |       |      |
| the      |      |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| accounti |      |       |      |      |       |       | -26.2 |   2.4 | -23. |
| ng       |      |       |      |      |       |       |       |       |    8 |
| period   |      |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| Translation     |       |      |      |       |   3.4 |       |       |  3.4 |
| difference      |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| Hedging of net  |       |      |      |       |       |       |       |      |
| investment      |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| in foreign      |       |      |      |       |  -0.4 |       |       | -0.4 |
| subsidiary      |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| Cash     |      |       | -0.2 |      |       |       |       |       | -0.2 |
| flow     |      |       |      |      |       |       |       |       |      |
| hedge    |      |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| Comprehensive income,   | -0.2 |      |       |   3.0 | -26.2 |   2.4 | -21. |
| total                   |      |      |       |       |       |       |    0 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Dividend        |       |      |      |       |       | -15.3 |  -2.0 | -17. |
| distribution    |       |      |      |       |       |       |       |    3 |
--------------------------------------------------------------------------------
| Change   |      |       |      |      |       |       |       |       |      |
| in       |      |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| minority |      |       |      |      |       |       |       |  -4.5 | -4.5 |
| interest |      |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| Transact |      |       |      |      |       |       |       |       |      |
| ions     |      |       |      |      |       |       |       |       |      |
| with     |      |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| owners,  |      |       |      |      |       |       | -15.3 |  -6.5 | -21. |
| total    |      |       |      |      |       |       |       |       |    8 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Shareholders'   |       |      |      |       |       |       |       |      |
| equity          |       |      |      |       |       |       |       |      |
--------------------------------------------------------------------------------
| 31.12.20 | 34.0 |   5.8 | -2.0 |      |       |  -1.7 | 235.4 |  23.2 | 294. |
| 09       |      |       |      |      |       |       |       |       |    8 |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| EUR mill.      |   A |    B |    C |    D |    E |    F |    G |    H |    I |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Shareholders' equity |      |      |      |      |      |      |      |      |
--------------------------------------------------------------------------------
| 1.1.2010       | 34. |  5.8 | -2.0 |      |      | -1.7 | 235. | 23.2 | 294. |
|                |   0 |      |      |      |      |      |    4 |      |    8 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Profit/loss    |     |      |      |      |      |      |      |      |      |
| for the        |     |      |      |      |      |      |      |      |      |
--------------------------------------------------------------------------------
| accounting     |     |      |      |      |      |      | -17. |  0.6 | -16. |
| period         |     |      |      |      |      |      |    1 |      |    6 |
--------------------------------------------------------------------------------
| Translation          |      |      |      |      |  3.9 |      |      |  3.9 |
| difference           |      |      |      |      |      |      |      |      |
--------------------------------------------------------------------------------
| Cash flow      |     |      | -0.1 |      |      |      |      |      | -0.1 |
| hedge          |     |      |      |      |      |      |      |      |      |
--------------------------------------------------------------------------------
| Change in fair value |      |      |  0.1 |      |      |      |      |  0.1 |
--------------------------------------------------------------------------------
| Comprehensive income, total | -0.1 |  0.1 |      |  3.9 | -17. |  0.6 | -12. |
|                             |      |      |      |      |    1 |      |    7 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Share issue to       |      |      |      |      |      |      |      |      |
| investors            |      |      |      |      |      |      |      |      |
--------------------------------------------------------------------------------
| for cash             |      |      |      | 39.5 |      |      |      | 39.5 |
| consideration        |      |      |      |      |      |      |      |      |
--------------------------------------------------------------------------------
| Share issue to              |      |      |      |      |      |      |      |
| non-controlling             |      |      |      |      |      |      |      |
--------------------------------------------------------------------------------
| interest for cash           |      |      | 24.3 |      |      |      | 24.3 |
| consideration               |      |      |      |      |      |      |      |
--------------------------------------------------------------------------------
| Transaction expenses |      |      |      |      |      |      |      |      |
--------------------------------------------------------------------------------
| of share       |     |      |      |      | -0.7 |      |      |      | -0.7 |
| issues         |     |      |      |      |      |      |      |      |      |
--------------------------------------------------------------------------------
| Gains on share-based |      |      |      |      |      |      |      |      |
--------------------------------------------------------------------------------
| payments       |     |      |      |      |      |      |  0.1 |      |  0.1 |
--------------------------------------------------------------------------------
| Direct         |     |      |      |      |      |      | -10. |      | -10. |
| entries,       |     |      |      |      |      |      |    0 |      |    0 |
| minority       |     |      |      |      |      |      |      |      |      |
| acquisition    |     |      |      |      |      |      |      |      |      |
--------------------------------------------------------------------------------
| Cancellation of dividend    |      |      |      |      |  0.1 |      |  0.1 |
| liability                   |      |      |      |      |      |      |      |
--------------------------------------------------------------------------------
| Dividend             |      |      |      |      |      |      | -1.9 | -1.9 |
| distribution         |      |      |      |      |      |      |      |      |
--------------------------------------------------------------------------------
| Change in      |     |      |      |      |      |      |      |      |      |
--------------------------------------------------------------------------------
| minority       |     |      |      |      |      |      |      | -14. | -14. |
| interest       |     |      |      |      |      |      |      |    2 |    2 |
--------------------------------------------------------------------------------
| Transactions   |     |      |      |      |      |      |      |      |      |
| with           |     |      |      |      |      |      |      |      |      |
--------------------------------------------------------------------------------
| owners, total  |     |      |      |      | 63.1 |      | -9.9 | -16. | 37.2 |
|                |     |      |      |      |      |      |      |    1 |      |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Shareholders' equity |      |      |      |      |      |      |      |      |
--------------------------------------------------------------------------------
| 30.6.2010      | 34. |  5.8 | -2.0 |  0.1 | 63.1 |  2.2 | 208. |  7.7 | 319. |
|                |   0 |      |      |      |      |      |    4 |      |    2 |
--------------------------------------------------------------------------------


6) CONSOLIDATED INCOME STATEMENT, QUARTERLY                                     

--------------------------------------------------------------------------------
|                               |  4-6/ |    1-3/ |  10-12/ |   7-9/ |    4-6/ |
--------------------------------------------------------------------------------
| EUR mill.                     |  2010 |    2010 |    2009 |   2009 |    2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Net sales                     | 478.8 |   284.4 |   525.1 |  568.6 |   528.3 |
--------------------------------------------------------------------------------
| Operating income and expenses | -449. |  -308.0 |  -505.9 | -567.0 |  -491.3 |
|                               |     0 |         |         |        |         |
--------------------------------------------------------------------------------
| Depreciation                  |   9.6 |     4.7 |     7.6 |   12.5 |     9.5 |
--------------------------------------------------------------------------------
| Share of the results of       |  -0.2 |    -0.2 |     0.4 |    1.1 |     0.3 |
| affiliated companies          |       |         |         |        |         |
--------------------------------------------------------------------------------
| Operating profit/loss         |  20.0 |   -28.5 |    12.0 |   -9.8 |    27.8 |
--------------------------------------------------------------------------------
| Financial expenses            |  10.0 |    12.1 |    13.1 |   10.5 |    10.4 |
--------------------------------------------------------------------------------
| Financial income              |   5.0 |     6.7 |     5.2 |    4.1 |     1.2 |
--------------------------------------------------------------------------------
| Profit/loss before taxes      |  15.0 |   -33.9 |     4.0 |  -16.1 |    18.6 |
--------------------------------------------------------------------------------
| Income taxes                  |  -5.2 |     7.6 |    -3.3 |   -8.1 |    -5.6 |
--------------------------------------------------------------------------------
| Profit/loss for the           |   9.8 |   -26.4 |     0.7 |  -24.2 |    13.0 |
| accounting period             |       |         |         |        |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Distribution of the profit/loss for   |         |         |        |         |
| the accounting period                 |         |         |        |         |
--------------------------------------------------------------------------------
| To shareholders of the parent |   9.5 |   -26.7 |    -0.7 |  -24.0 |    12.3 |
| company                       |       |         |         |        |         |
--------------------------------------------------------------------------------
| To minority interests         |   0.3 |     0.3 |     1.4 |   -0.3 |     0.7 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| EPS calculated from profit/loss attributable to parent    |        |         |
| company shareholders                                      |        |         |
--------------------------------------------------------------------------------
| Earnings per share, diluted   |  0.60 |   -1.52 |   -0.05 |  -1.40 |    0.72 |
| and undiluted, EUR            |       |         |         |        |         |
--------------------------------------------------------------------------------


7) SEGMENT INFORMATION                                                          

IFRS 8 Operating Segment Reporting requires that reported segment information be
based on internal segment reporting to management, which in Lemminkäinen Group  
means the President of Lemminkäinen Corporation, who is the chief operative     
decision-maker. Internal segment reporting to management covers net sales,      
depreciation, operating profit, non-current assets, inventories and trade       
receivables.                                                                    

The segment information reported to management is generally prepared according  
to the same principles as those applied in the consolidated financial           
statements. Imputed items are not considered in segment reporting. Such items   
include, among others, depreciation of assets acquired by finance leasing,      
interest separated from payments and warranty provisions. In segment reporting  
to management, finance leasing arrangements are treated as ordinary rental      
agreements, which deviate from the accounting principles of IFRS financial      
statements. Affiliated companies are combined in segment reporting in proportion
to ownership share using the line-by-line method. In IFRS financial statements  
affiliated companies are combined by the equity method. In segment reporting,   
intersegment sales are not allocated to segments, owing to their minimal        
magnitude, and are not reported to management.                                  

The interpretation IFRIC 15 - Agreements for the Construction of Real Estate was
adopted from the beginning of 2010. The comparative figures starting  from      
1.1.2009 have also been calculated in accordance with the provisions of the new 
interpretation. IFRIC 15 affected not only the figures of Lemminkäinen Group but
also those of the Building Construction business sector. Furthermore, Forssan   
Betoni Oy, which formerly belonged to the Infrastructure Construction business  
sector, was transferred at the beginning of January 2010 to the Building        
Products business sector. The Group and business sector-specific figures given  
in this bulletin are pro forma figures.                                         

BLDCO = Building Construction                                                   
INFRA = Infrastructure Construction                                             
TECBS = Technical Building Services                                             
BLDPR = Building Products                                                       
OTHER = Other operations                                                        
ELIM = Group eliminations                                                       
SEGM = Segments total                                                           
RECON = Reconciling items                                                       
TOTAL = Group total, IRFS                                                       

--------------------------------------------------------------------------------
| EUR mill. |      |       |      |      |      |      |       |       |       |
--------------------------------------------------------------------------------
| 1-6/2010  | BLDC | INFRA | TECB | BLDP | OTHE | ELIM |  SEGM | RECON | TOTAL |
|           |    O |       |    S |    R |    R |      |       |       |       |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Net sales | 337. | 277.2 | 110. | 65.0 |  5.7 | -28. | 767.8 |  -4.6 | 763.2 |
|           |    9 |       |    0 |      |      |    0 |       |       |       |
--------------------------------------------------------------------------------
| Depreciat |  1.2 |  11.5 |  0.4 |  1.7 |  0.4 |      |  15.2 |  -0.9 |  14.3 |
| ion       |      |       |      |      |      |      |       |       |       |
--------------------------------------------------------------------------------
| Operating |  7.9 | -10.8 |  1.5 | -0.3 | -7.1 |      |  -8.8 |   0.3 |  -8.5 |
| profit/lo |      |       |      |      |      |      |       |       |       |
| ss        |      |       |      |      |      |      |       |       |       |
--------------------------------------------------------------------------------

The reconciling items for net sales comprise EUR -4.6 million from the equity   
share treatment of affiliated companies and the treatment difference between    
entries made to net sales and other income.                                     

The reconciling items for operating profit comprise EUR 1.1 million in personnel
expenses, EUR 1.4 million from the IFRS treatment of finance leasing, EUR 0.2   
million from the equity share treatment of affiliated companies and EUR -2.5    
million in other closing entries.                                               

--------------------------------------------------------------------------------
| EUR mill. |      |       |      |      |      |      |       |       |       |
--------------------------------------------------------------------------------
| 1-6/2009  | BLDC | INFRA | TECB | BLDP | OTHE | ELIM |  SEGM | RECON | TOTAL |
|           |    O |       |    S |    R |    R |      |       |       |       |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Net sales | 422. | 290.1 | 115. | 66.6 |  5.4 | -24. | 875.7 |  -4.0 | 871.8 |
|           |    3 |       |    9 |      |      |    5 |       |       |       |
--------------------------------------------------------------------------------
| Depreciat |  1.4 |  11.8 |  0.4 |  1.7 |  0.4 |      |  15.7 |  -1.5 |  14.2 |
| ion       |      |       |      |      |      |      |       |       |       |
--------------------------------------------------------------------------------
| Operating | 20.5 |  -5.5 |  5.1 |  2.5 | -2.3 |      |  20.4 |   0.6 |  21.0 |
| profit/lo |      |       |      |      |      |      |       |       |       |
| ss        |      |       |      |      |      |      |       |       |       |
--------------------------------------------------------------------------------

The reconciling items for net sales comprise EUR -5.4 million from the equity   
share treatment of affiliated companies and the treatment difference between    
entries made to net sales and other income.                                     

The reconciling items for operating profit comprise EUR 0.9 million in personnel
expenses, EUR 1.0 million from the IFRS treatment of finance leasing, EUR -0.4  
million in capitalised equipment expenses EUR -0.1 million from the equity share
treatment of affiliated companies and EUR -0.9 million in other closing entries.


--------------------------------------------------------------------------------
| NET SALES                               |     1-6/ |        1-6/ |     1-12/ |
--------------------------------------------------------------------------------
| EUR mill.                               |     2010 |        2009 |      2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Building Construction                   |    337.9 |       422.3 |     868.7 |
--------------------------------------------------------------------------------
| Infrastructure Construction             |    277.2 |       290.1 |     768.0 |
--------------------------------------------------------------------------------
| Technical Building Services             |    110.0 |       115.9 |     233.8 |
--------------------------------------------------------------------------------
| Building Products                       |     65.0 |        66.6 |     154.2 |
--------------------------------------------------------------------------------
| Other operations                        |      5.7 |         5.4 |      10.3 |
--------------------------------------------------------------------------------
| Group eliminations                      |    -28.0 |       -24.5 |     -52.5 |
--------------------------------------------------------------------------------
| Segments total                          |    767.8 |       875.7 |   1,982.6 |
--------------------------------------------------------------------------------
| Reconciling items                       |     -4.6 |        -4.0 |     -17.1 |
--------------------------------------------------------------------------------
| Group total, IFRS                       |    763.2 |       871.8 |   1,965.5 |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| OPERATING PROFIT/LOSS                   |     1-6/ |        1-6/ |     1-12/ |
--------------------------------------------------------------------------------
| EUR mill.                               |     2010 |        2009 |      2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Building Construction                   |      7.9 |        20.5 |      36.4 |
--------------------------------------------------------------------------------
| Infrastructure Construction             |    -10.8 |        -5.5 |      22.0 |
--------------------------------------------------------------------------------
| Technical Building Services             |      1.5 |         5.1 |      12.2 |
--------------------------------------------------------------------------------
| Building Products                       |     -0.3 |         2.5 |      10.4 |
--------------------------------------------------------------------------------
| Other operations                        |     -7.1 |        -2.3 |     -61.7 |
--------------------------------------------------------------------------------
| Segments total                          |     -8.8 |        20.4 |      19.4 |
--------------------------------------------------------------------------------
| Reconciling items                       |      0.3 |         0.6 |       3.8 |
--------------------------------------------------------------------------------
| Group total, IFRS                       |     -8.5 |        21.0 |      23.2 |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| NET SALES, QUARTERLY          |  4-6/ |    1-3/ |  10-12/ |   7-9/ |    4-6/ |
--------------------------------------------------------------------------------
| EUR mill.                     |  2010 |    2010 |    2009 |   2009 |    2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Building Construction         | 169.2 |   168.7 |   266.3 |  180.1 |   217.0 |
--------------------------------------------------------------------------------
| Infrastructure Construction   | 226.0 |    51.3 |   173.6 |  304.3 |   222.1 |
--------------------------------------------------------------------------------
| Technical Building Services   |  55.8 |    54.2 |    65.2 |   52.6 |    60.6 |
--------------------------------------------------------------------------------
| Building Products             |  44.7 |    20.3 |    38.9 |   48.8 |    44.0 |
--------------------------------------------------------------------------------
| Other operations              |   2.9 |     2.8 |     2.1 |    2.9 |     2.9 |
--------------------------------------------------------------------------------
| Group eliminations            | -15.8 |   -12.2 |   -19.2 |   -8.8 |   -14.9 |
--------------------------------------------------------------------------------
| Segments total                | 482.6 |   285.2 |   526.9 |  579.9 |   531.7 |
--------------------------------------------------------------------------------
| Reconciling items             |  -3.8 |    -0.8 |    -1.8 |  -11.3 |    -3.4 |
--------------------------------------------------------------------------------
| Group total, IFRS             | 478.8 |   284.4 |   525.1 |  568.6 |   528.3 |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| OPERATING PROFIT/LOSS,        |  4-6/ |    1-3/ |  10-12/ |   7-9/ |    4-6/ |
| QUARTERLY                     |       |         |         |        |         |
--------------------------------------------------------------------------------
| EUR mill.                     |  2010 |    2010 |    2009 |   2009 |    2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Building Construction         |   6.7 |     1.2 |    14.7 |    1.2 |     9.1 |
--------------------------------------------------------------------------------
| Infrastructure Construction   |  13.5 |   -24.3 |    -5.8 |   33.3 |    12.8 |
--------------------------------------------------------------------------------
| Technical Building Services   |   0.4 |     1.1 |     3.2 |    3.8 |     2.6 |
--------------------------------------------------------------------------------
| Building Products             |   3.4 |    -3.7 |     1.8 |    6.1 |     4.6 |
--------------------------------------------------------------------------------
| Other operations              |  -3.7 |    -3.4 |    -3.4 |  -56.0 |    -2.1 |
--------------------------------------------------------------------------------
| Segments total                |  20.3 |   -29.1 |    10.5 |  -11.5 |    26.9 |
--------------------------------------------------------------------------------
| Reconciling items             |  -0.3 |     0.6 |     1.5 |    1.8 |     0.9 |
--------------------------------------------------------------------------------
| Group total, IFRS             |  20.0 |   -28.5 |    12.0 |   -9.8 |    27.8 |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| ASSETS                                  |          |             |           |
--------------------------------------------------------------------------------
| EUR mill.                               |   6/2010 |      6/2009 |   12/2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Building Construction                   |    400.2 |       387.3 |     357.9 |
--------------------------------------------------------------------------------
| Infrastructure Construction             |    338.1 |       355.4 |     253.9 |
--------------------------------------------------------------------------------
| Technical Building Services             |     28.0 |        30.1 |      30.5 |
--------------------------------------------------------------------------------
| Building Products                       |     64.5 |        62.5 |      55.3 |
--------------------------------------------------------------------------------
| Other operations                        |     42.5 |        43.2 |      43.6 |
--------------------------------------------------------------------------------
| Segments total                          |    873.3 |       878.5 |     741.1 |
--------------------------------------------------------------------------------
| Assets unallocated to segments          |          |             |           |
--------------------------------------------------------------------------------
| and Group eliminations, total           |    313.3 |       485.9 |     313.3 |
--------------------------------------------------------------------------------
| Group total, IFRS                       |  1,186.6 |     1,364.4 |   1,054.4 |
--------------------------------------------------------------------------------


8) ECONOMIC TRENDS AND FINANCIAL INDICATORS                                     

--------------------------------------------------------------------------------
|                                            |  6/2010 |     6/2009 |  12/2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Return on equity, %                        |    -5.4 |       -0.1 |     -7.5 |
--------------------------------------------------------------------------------
| Return on investment, %                    |     0.4 |        3.6 |      5.4 |
--------------------------------------------------------------------------------
| Operating profit, % of net sales           |    -1.1 |        2.4 |      1.2 |
--------------------------------------------------------------------------------
| Equity ratio, %                            |    30.2 |       26.0 |     31.0 |
--------------------------------------------------------------------------------
| Gearing, %                                 |   128.3 |      140.9 |    110.2 |
--------------------------------------------------------------------------------
| Interest-bearing net debt, EUR million     |   409.5 |      445.2 |    324.7 |
--------------------------------------------------------------------------------
| Gross investments, EUR million (incl.      |    33.8 |       19.4 |     41.5 |
| leasing purchases)                         |         |            |          |
--------------------------------------------------------------------------------
| Order book, EUR mill.                      | 1,430.2 |    1,249.5 |  1,064.5 |
--------------------------------------------------------------------------------
| - of which foreign orders, EUR mill.       |   338.6 |      374.1 |    224.4 |
--------------------------------------------------------------------------------
| Average number of employees                |   7,966 |      8,543 |    8,626 |
--------------------------------------------------------------------------------
| Employees at end of period                 |   9,302 |      9,589 |    7,759 |
--------------------------------------------------------------------------------
| Net sales, EUR mill.                       |   763.2 |      871.8 |  1,965.5 |
--------------------------------------------------------------------------------
| - of which operations outside Finland, EUR |   218.1 |      218.1 |    527.6 |
| mill.                                      |         |            |          |
--------------------------------------------------------------------------------
| % of net sales                             |    28.6 |       25.0 |     26.8 |
--------------------------------------------------------------------------------


9) SHARE-SPECIFIC INDICATORS                                                    

--------------------------------------------------------------------------------
|                                              | 6/2010 |    6/2009 |  12/2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Earnings per share, EUR                      |  -0.92 |     -0.09 |    -1.54 |
--------------------------------------------------------------------------------
| Equity per share, EUR                        |  15.86 |     17.21 |    15.95 |
--------------------------------------------------------------------------------
| Market capitalisation, EUR mill.             |  467.5 |     323.7 |    411.9 |
--------------------------------------------------------------------------------
| Share price at end of period, EUR            |  23.80 |     19.02 |    24.20 |
--------------------------------------------------------------------------------
| Trading volume during period, 1000 shares    |  2,451 |       884 |    1,918 |
--------------------------------------------------------------------------------
| Number of issued shares, 1000 shares         | 19,645 |    17,021 |   17,021 |
--------------------------------------------------------------------------------
| Weighted average number of shares over the   | 18,588 |    17,021 |   17,021 |
| period, 1000 shares                          |        |           |          |
--------------------------------------------------------------------------------


10) TANGIBLE ASSETS                                                             

--------------------------------------------------------------------------------
| EUR mill.                                 |  6/2010 |     6/2009 |   12/2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Acquisition cost at the beginning of the  |   458.3 |      444.8 |     444.8 |
| accounting period                         |         |            |           |
--------------------------------------------------------------------------------
| Translation difference                    |     2.6 |        2.1 |       5.1 |
--------------------------------------------------------------------------------
| Increases                                 |    18.1 |       17.5 |      35.5 |
--------------------------------------------------------------------------------
| Increases from acquired businesses        |     4.5 |        0.0 |       3.9 |
--------------------------------------------------------------------------------
| Decreases                                 |   -14.7 |      -19.9 |     -30.8 |
--------------------------------------------------------------------------------
| Transfers between items                   |         |            |      -0.1 |
--------------------------------------------------------------------------------
| Accumulated depreciation                  |  -279.2 |     -256.1 |    -273.7 |
--------------------------------------------------------------------------------
| Carrying value at the end of accounting   |   189.5 |      188.4 |     184.6 |
| period                                    |         |            |           |
--------------------------------------------------------------------------------


11) ACQUIRED AND DIVESTED BUSINESSES                                            

Description of acquired companies, businesses and shareholdings                 

On 21.4.2010 Lemminkäinen acquired a 75% stake in Asfalt Remix AS. The company  
specialises in the cold milling of asphalt pavement.                            
On 9.6.2010 Lemminkäinen acquired a 90.1% stake in Risa Rock AS. The company    
specialises in tunnel excavation.                                               

Aggregated figures for the acquired businesses                                  

--------------------------------------------------------------------------------
|                            |        | Carryin |         |         |     Fair |
|                            |        |       g |         |         |   values |
|                            |        | amounts |         |         | recognis |
|                            |        |         |         |         |       ed |
--------------------------------------------------------------------------------
|                            |           before |         |              after |
|                            |    consolidation |         |      consolidation |
--------------------------------------------------------------------------------
| EUR mill.                  |        | 30.6.20 |         |          30.6.2010 |
|                            |        |      10 |         |                    |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Tangible and intangible assets      |         |         |         |          |
--------------------------------------------------------------------------------
| Inventories                |        |     0.2 |         |         |      0.2 |
--------------------------------------------------------------------------------
| Trade and other            |        |     2.0 |         |         |      2.0 |
| receivables                |        |         |         |         |          |
--------------------------------------------------------------------------------
| Cash and cash equivalents  |        |     5.1 |         |         |      5.1 |
--------------------------------------------------------------------------------
| Assets                     |        |    11.7 |         |         |     11.9 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Deferred tax liabilities   |        |     0.2 |         |         |      0.2 |
--------------------------------------------------------------------------------
| Interest-bearing           |        |     4.1 |         |         |      4.1 |
| liabilities                |        |         |         |         |          |
--------------------------------------------------------------------------------
| Other liabilities          |        |     4.5 |         |         |      4.5 |
--------------------------------------------------------------------------------
| Liabilities total          |        |     8.8 |         |         |      8.8 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Net assets                 |        |     2.9 |         |         |      3.1 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Minority interest          |        |         |         |         |      2.1 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Acquisition cost, total    |        |     8.8 |         |         |      8.8 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Goodwill, total            |        |         |         |         |      7.7 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Transaction price paid in cash      |         |         |         |      3.7 |
--------------------------------------------------------------------------------
| Cash funds of acquired subsidiary   |         |         |         |      5.1 |
--------------------------------------------------------------------------------
| Cash flow effect           |        |         |         |         |      1.4 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Expensed acquisition costs |        |         |         |         |      0.2 |
--------------------------------------------------------------------------------

The full (fair value) goodwill method is applied to the acquired companies.     

The full-year net sales of the acquired companies were approx. EUR 24 million in
2009. The effect of these acquisitions on the Group's operating profit for the  
review period is approx. EUR 0.2 million.                                       

Divested businesses                                                             

At the end of the accounting period the Group did not have any businesses       
classified as being held-for-sale under IFRS 5. There were no discontinued      
operations in the Group during the accounting period.                           


12) RELATED-PARTY TRANSACTIONS                                                  

--------------------------------------------------------------------------------
| EUR mill.                               |   6/2010 |      6/2009 |   12/2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Sales to affiliates                     |      1.6 |         1.0 |       0.5 |
--------------------------------------------------------------------------------
| Purchases from affiliates               |      0.0 |         0.0 |       6.4 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Trade receivables from affiliates       |      0.0 |         1.0 |       0.0 |
--------------------------------------------------------------------------------
| Accounts payable to affiliates          |      0.0 |         0.0 |       0.0 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Loan receivables from affiliates        |      0.1 |         0.0 |       0.0 |
--------------------------------------------------------------------------------


13) GUARANTEES AND CONTINGENT LIABILITIES                                       

--------------------------------------------------------------------------------
| EUR mill.                               |   6/2010 |      6/2009 |   12/2009 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Securities for own commitments          |          |             |           |
--------------------------------------------------------------------------------
| Property mortgages                      |     80.0 |        80.0 |      80.0 |
--------------------------------------------------------------------------------
| Business mortgages                      |  1,218.8 |     1,218.8 |   1,221.3 |
--------------------------------------------------------------------------------
| Bonds pledged as security               |      0.4 |         0.3 |       0.6 |
--------------------------------------------------------------------------------
| Deposits                                |      0.1 |         0.1 |       0.1 |
--------------------------------------------------------------------------------
| Total                                   |  1,299.3 |     1,299.3 |   1,302.0 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Guarantees                              |          |             |           |
--------------------------------------------------------------------------------
| On behalf of affiliated companies       |      0.0 |        18.8 |       0.0 |
--------------------------------------------------------------------------------
| On behalf of others                     |     15.1 |        26.1 |      34.7 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Minimum lease payments of irrevocable lease agreements           |           |
--------------------------------------------------------------------------------
| One year or less                        |     14.3 |        10.4 |      11.1 |
--------------------------------------------------------------------------------
| Over one year but no more than five     |     28.6 |        22.4 |      24.9 |
| years                                   |          |             |           |
--------------------------------------------------------------------------------
| Over five years                         |     18.6 |        20.9 |      20.7 |
--------------------------------------------------------------------------------
| Total                                   |     61.5 |        53.7 |      56.7 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Purchase commitments of investments     |     13.0 |        13.4 |      11.1 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Derivative contracts                    |          |             |           |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Forward foreign exchange contracts      |          |             |           |
--------------------------------------------------------------------------------
| Nominal value                           |     52.9 |        56.7 |      36.6 |
--------------------------------------------------------------------------------
| Fair value                              |     -0.6 |         3.8 |      -1.7 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Currency options, calls purchased       |          |             |           |
--------------------------------------------------------------------------------
| Nominal value                           |      0.0 |        25.3 |       0.0 |
--------------------------------------------------------------------------------
| Fair value                              |      0.0 |         0.4 |       0.0 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Currency options, puts written          |          |             |           |
--------------------------------------------------------------------------------
| Nominal value                           |      0.0 |        14.8 |       0.0 |
--------------------------------------------------------------------------------
| Fair value                              |      0.0 |        -0.2 |       0.0 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Interest rate options, calls purchased  |          |             |           |
--------------------------------------------------------------------------------
| Nominal value                           |      0.0 |         0.8 |       0.0 |
--------------------------------------------------------------------------------
| Fair value                              |      0.0 |         0.0 |       0.0 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Interest rate options, puts written     |          |             |           |
--------------------------------------------------------------------------------
| Nominal value                           |      0.0 |         0.8 |       0.0 |
--------------------------------------------------------------------------------
| Fair value                              |      0.0 |         0.0 |       0.0 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Interest rate swap contracts            |          |             |           |
--------------------------------------------------------------------------------
| Nominal value                           |     53.8 |        66.1 |      59.6 |
--------------------------------------------------------------------------------
| Fair value                              |     -3.2 |        -3.6 |      -3.2 |
--------------------------------------------------------------------------------

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.                      


11) LEGAL PROCEEDINGS                                                           

In 2009 the Supreme Administrative Court (SAC) fined a number of Finnish asphalt
industry companies for violations of the Act on Competition Restrictions.       

At present, 29 municipalities and the Finnish Road Administration have brought  
actions for the recovery of damages from Lemminkäinen and other asphalt         
companies in the District Court of Helsinki. The claimants contend that         
restrictions of competition have caused them damages. The capital amount of the 
claims presented against Lemminkäinen is at present about EUR 73 million. The   
claims presented in the statements of claim differ from each other as regards   
their amounts and grounds.                                                      

The decision rendered by the SAC in 2009 as it stands does not mean that        
Lemminkäinen or the other asphalt industry companies actually caused the parties
ordering asphalt works any damages. The SAC's decision does not concern the     
individual contracts that the claimants are citing in support of their claims.  
Neither does the decision concern the pricing of individual contracts, nor has  
the SAC considered the claim that pricing deviating from the market price had   
been used in the contracts.                                                     

Lemminkäinen's initial position is that the claims are without foundation       

The claims will be brought separately before the District Court of Helsinki and 
heard in the order determined by the court. It is likely that district court    
proceedings will continue into 2011.                                            

No provision for future expense has been made in respect of the statements of   
claims submitted so far to the district court by the municipalities and the     
Finnish Road Administration.                                                    

Lemminkäinen will provide further updates on the matter in connection with      
interim financial reviews or, if necessary, as separate releases.