REORGANISATION OF LEMMINKÄINEN GROUP

LEMMINKÄINEN CORPORATION	 

                                          
With effect from 1.1.2008, Lemminkäinen Group will be organised into four       
business areas instead of the present five. These four business areas will be   
infrastructure construction, building contracting, technical building and       
facility services and the building materials industry.                          

The new structure derives from the business strategy approved for Lemminkäinen  
Group in February 2007.                                                         

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

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

The managing director of the infrastructure construction company with effect    
from 1.1.2008 will be Mr. Timo Kohtamäki, Lic. Tech. (b. 1963), who currently   
acts as the Head of Lemcon Infra. On the same date Mr. Juha Nurmi, M.Sc.(Eng.)  
(b. 1955), who is the Managing Director of Lemcon Networks Ltd, will take up the
position of managing director of the building contracting company. The Managing 
Director of Oy Alfred A. Palmberg Ab, Mr. Risto Bono, and the Managing Director 
of Lemcon Ltd., Mr. Matti A. Mantere, will retire in accordance with their      
respective contracts.                                                           

The restructuring will not have any effect on the number of people employed in  
the Group. Employees will be transferred to the new companies without           
discontinuation of their employment service.                                    


Background and objectives of the reorganisation                                 
According to the strategy, the Group will operate in four key business areas:   
building contracting, infrastructure construction, technical building services  
and the building materials industry. This extensive business portfolio enables  
the Group to exploit construction chain synergies.                              

Lemminkäinen's strategy is still to focus on those markets and selected product 
and service segments in which the Group commands leading or significant         
positions.                                                                      

Lemminkäinen is the market leader in domestic asphalt paving and mineral        
aggregates, the second biggest asphalt paving contractor in Scandinavia and a   
significant actor in the infrastructure construction market of the Baltic Rim   
region as a whole.                                                              

Lemminkäinen Group possesses a wealth of expertise and experience in the field  
of building contracting, which accounts for almost a half of its business. The  
Group has local companies engaged in building production and property-related   
business in Finland, Russia, Estonia and Sweden. In specialised areas of        
construction Lemminkäinen serves its clients all over the world.                

The operating mode of the new structure will respond to the needs of the Group's
customers and will improve Lemminkäinen's competitiveness.                      

After the restructuring, the closely related business units of Lemminkäinen     
Group will also be organisationally subordinate to a common management,         
resulting in better exploitation of intragroup synergy factors. At the same     
time, the Group's core values of adequate local independence and flexibility    
will be retained.                                                               

- Combining the expertise of Lemcon and Palmberg will strengthen Lemminkäinen's 
opportunities for growth on the Russian market for housing production and       
commercial construction. The infrastructure market is growing in the Baltic     
states, where Lemminkäinen's Paving Unit is already building roads rather than  
just paving them. In projects such as these Lemcon Infra has a great deal of    
expertise. Also on the Finnish infrastructure market a significant number of    
medium-sized civil engineering projects have been too big for the Paving Unit's 
district offices but too small for Lemcon Infra, says Managing Director Juhani  
Sormaala, commenting on the aims of the reorganisation.                         


Group structure and market position will be clarified                           

The new structure will clarify Lemminkäinen Group's position on the             
infrastructure construction and building contracting markets. The new structure 
also corresponds to the general segmentation of the construction sector.        


--------------------------------------------------------------------------------
| Business      | Net      | Share  | Interna | Internat | Employee | Percenta |
| sector        | sales,   | of     | tional  | ional    | s,       | ge of    |
|               | EUR      | Group' | operati | operatio | 2006     | all      |
|               | million, | s net  | ons,    | ns as a  |          | Group    |
|               | 2006     | sales, | EUR     | percenta |          | employee |
|               |          | %      | million | ge of    |          | s        |
|               |          |        |         | net      |          |          |
|               |          |        |         | sales    |          |          |
--------------------------------------------------------------------------------
| Infrastructur | 701.2    | 39.0   | 310.3   | 44.2     | 3 171    | 37.7     |
| e             |          |        |         |          |          |          |
| construction  |          |        |         |          |          |          |
--------------------------------------------------------------------------------
| Building      | 839.3    | 46.7   | 203.3   | 24.2     | 2 826    | 33.6     |
| contracting   |          |        |         |          |          |          |
--------------------------------------------------------------------------------
| Technical     | 191.7    | 10.6   | 9.6     | 5.0      | 1 812    | 21.5     |
| building and  |          |        |         |          |          |          |
| facility      |          |        |         |          |          |          |
| services      |          |        |         |          |          |          |
--------------------------------------------------------------------------------
| Building      | 104.4    | 5.8    | 7.7     | 7.3      |          | 7.2      |
| materials     |          |        |         |          | 609      |          |
| industry      |          |        |         |          |          |          |
--------------------------------------------------------------------------------
| Internal      | -40.7    |        | -0.5    |          |          |          |
| sales         |          |        |         |          |          |          |
--------------------------------------------------------------------------------
| Total         | 1 795.9  | 100    | 530.3   | 29.5     | 8 418    | 100      |
--------------------------------------------------------------------------------

Table: Key figures by business sector in the new Lemminkäinen Group based on the
financial statements for the 2006 accounting period.                            


Financial reporting                                                             

Lemminkäinen Corporation's financial reporting will be based on the existing    
organisation until the  end of 2007. The first interim financial review in 2008 
will be based on the new organisational structure.                              

The restructuring will not have any effect on the Group's profitability outlook 
for this year. The Group's large order book and the positive outlook for        
construction create good prerequisites for the favourable development of        
Lemminkäinen's businesses in 2007.                                              

Invitation to press conference                                                  

Lemminkäinen Corporation will hold a press conference dealing with the Group's  
reorganisation at 11.00 a.m. today, 7.6.2007. The venue will be the Savoy       
Restaurant, Eteläesplanadi 14, Helsinki. Managing Director Juhani Sormaala will 
talk about the reorganisation and the background to it, and the designated      
managing directors of the new business sectors, Messrs. Timo Kohtamäki and Juha 
Nurmi, will also be present.                                                    



LEMMINKÄINEN CORPORATION                                                        
Corporate Communications                                                        

Additional information:                                                         
Juhani Sormaala, Managing Director, tel. +358 2071 53302                        


DISTRIBUTION:                                                                   
Helsinki Stock Exchange                                                         
Key media                                                                       


Lemminkäinen Group operates in all areas of the construction sector. Its main   
business areas are building contracting, infrastructure construction, the       
building materials industry and technical building services. Net sales in 2006  
were EUR 1,795.9 million, of which international operations accounted for about 
a third. The Group employs some 8,500 people. The Group's main market is the    
Baltic Rim region, where Lemminkäinen has established a presence through a      
network of local subsidiaries. Lemminkäinen's share is listed on Helsinki Stock 
Exchange.