LASSILA & TIKANOJA PLC Stock exchange announcement 27 October 2009 8.30 am CHANGE IN LASSILA & TIKANOJA'S MANAGEMENT As of 1 December 2009, Tomi Salo has been appointed Managing Director of L&T Biowatti Oy and Group Executive of Lassila & Tikanoja plc. Salo is responsible for the Renewable Energy Sources division and he reports to Jari Sarjo, President and CEO. Kari Lahti, the present Managing Director of L&T Biowatti Oy, continues as member of the Board of Directors of L&T Biowatti Oy Tomi Salo, M.Sc. (Agr. & For.), age 34, has been Director of Forestry Services in L&T Biowatti Oy since 1 November 2008 and Wood Procurement Director between 17 January and 31 October 2008. L&T's Group Executives as of 1 December 2009 are: - Laura Aarnio, Accounting Director - Anna-Maija Apajalahti, Vice President, Property and Office Support Services - Kimmo Huhtimo, Director responsible for product and process development, marketing communications and Contact Centre - Jorma Mikkonen, Vice President, Environmental Services - Inkeri Puputti, HR Director - Ville Rantala, CFO - Tomi Salo, Managing Director of L&T Biowatti Oy. LASSILA & TIKANOJA PLC Jari Sarjo President and CEO For additional information please contact Jari Sarjo, President and CEO, tel. +358 10 636 2810, or Keijo Keränen, IR Manager, tel. +358 50 385 6957 Lassila & Tikanoja specialises in environmental management and property and plant support services and is a leading supplier of wood-based biofuels, recovered fuels and recycled raw materials. With operations in Finland, Sweden, Latvia and Russia, L&T employs 9,100 persons. Net sales in 2008 amounted to EUR 606 million. L&T is listed on NASDAQ OMX Helsinki. Distribution: NASDAQ OMX Helsinki Major media www.lassila-tikanoja.com