Lemminkäinen agrees sale of property for the Finnish Agency for Rural Affairs to Etera

LEMMINKÄINEN CORPORATION	PRESS RELEASE 9.9.2009, 9.30

LEMMINKÄINEN AGREES SALE OF PROPERTY FOR THE FINNISH AGENCY FOR RURAL AFFAIRS
TO ETERA MUTUAL PENSION INSURANCE COMPANY 

Lemminkäinen Group's Oy Konte Ab has sold the property being built for the
Finnish Agency for Rural Affairs to Etera Mutual Pension Insurance Company.
Konte is constructing new premises for the government agency at Alvar Aallon
katu 5 in Seinäjoki. The City of Seinäjoki will also have premises in the same
building. 

The property as a whole has a floor area of 6,413 square metres, of which the
Finnish Agency for Rural Affairs will occupy 3,900 square metres. The remainder
will consist of the City of Seinäjoki's premises as well as common areas of the
building. 

"It's great that the buyer is a Finnish real estate investor. For Konte, the
construction contract has been most welcome in the present economic climate.
The project will provide employment for almost 30 construction and HEVAC
professionals over a period of about 18 months. Also from the design and
subcontracting standpoint, the project will have an significant impact on
construction sector employment in the Seinäjoki area," says the Managing
Director of Oy Konte Ab, Mr. Tom Ekman. 

Construction work on the new premises of the Finnish Agency for Rural Affairs
began at the beginning of September, and the building will be completed in
early 2011. 

"Seinäjoki is a rapidly developing provincial centre. We at Etera were
interested in the property because of its excellent location in the centre of
Seinäjoki. The fact that the entire building is leased on long-term agreements
to the Finnish State and the City of Seinäjoki is icing on the cake. A pension
insurance company invests for the long term and looks for stable returns, so
this property suited us very well indeed," explains Etera's Head of Real
Estate, Mr. Timo Sotavalta. 


LEMMINKÄINEN CORPORATION
Corporate Communications


ADDITIONAL INFORMATION:
Tom Ekman
Managing Director
Oy Konte Ab
Tel. +358 2071 58330 or +358 40 771 2514

Timo Sotavalta
Head of Real Estate
Etera Mutual Pension Insurance Company
Tel. +358 40 732 5577


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Lemminkäinen Group operates in all areas of the construction sector. The
Group's business sectors are building construction, infrastructure
construction, technical building services, and building products. Net sales in
2008 were approx. EUR 2.5 billion, of which international operations accounted
for over a quarter. The Group employs about 9,800 people. Lemminkäinen
Corporation's share is quoted on NASDAQ OMX Helsinki Ltd. www.lemminkainen.com 

Oy Konte Ab is a subsidiary of Lemminkäinen Group's Lemminkäinen Talo Oy. In
Finland, the company operates in the regions of Ostrobothnia and Satakunta. In
Sweden, Konte operates through its subsidiary Rekab Entreprenad AB. In 2008
Konte generated net sales of approx. EUR 130 million and employed about 300
people. www.konte.fi 

Etera Mutual Pension Insurance Company insures employees and self-employed
persons in all industries and branches of the private sector. It not only
provides pension cover for employees and self-employed persons, but also
promotes their well-being in the workplace. A total of 156,000 people were
insured with Etera in the first half of 2009. Etera paid out pensions totalling
EUR 485 million to 155,000 pension recipients in the same period. Etera has
pension fund investments of EUR 4.8 billion, of which EUR 790 million (16%) are
real estate investments. Read more at Etera's website, www.etera.fi