Lemminkäinen has agreed on amended terms of its financial agreement


LEMMINKÄINEN CORPORATION   STOCK EXCHANGE RELEASE   23 MARCH 2016 AT 1:30 P.M.

LEMMINKÄINEN HAS AGREED ON AMENDED TERMS OF ITS FINANCIAL AGREEMENT

Lemminkäinen Corporation has agreed on amending the terms of its EUR 185 million
committed revolving credit facility by extending its maturity and by increasing
its amount to EUR 260 million of which EUR 75 million is available when agreed
conditions are met. The amended revolving credit facility will mature during the
first quarter in 2018. There are currently no drawn amounts under Lemminkäinen’s
committed revolving credit facilities. Nordea Bank Finland Plc, Danske Bank A/S,
Helsinki Branch and Pohjola Bank plc are the mandated lead arrangers and lending
banks.

According to the amended agreement, the previous restriction of a maximum of 40
per cent dividend distribution of the Group’s net profit has been removed. The
removal of the restriction will be applicable starting from the financial year
2016.

The revolving credit facility includes two covenants reviewed on a quarterly
basis: equity ratio and net debt to EBITDA ratio. The facility is unsecured.

LEMMINKÄINEN CORPORATION
Corporate Communications

ADDITIONAL INFORMATION:
Ilkka Salonen, CFO
Tel. +358 2071 53304
ilkka.salonen@lemminkainen.com

DISTRIBUTION:
Nasdaq Helsinki Ltd
Key media
www.lemminkainen.com

Lemminkäinen is an expert in complex infrastructure construction and building
construction in Northern Europe and one of the largest paving companies in its
market. Together with our customers and 4,800 professionals we employ, we build
a sustainable society. In 2015, our net sales were EUR 1.9 billion. Lemminkäinen
Corporation’s share is quoted on Nasdaq Helsinki Ltd. www.lemminkainen.com