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Consideration of charges relating to Lassila & Tikanoja’s overtime investigation complete

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Helsinki, Finland, 2013-07-01 16:00 CEST (GLOBE NEWSWIRE) --
Lassila & Tikanoja plc   Stock exchange release   1 July 2013 5.00 pm

In the summer of 2012, monitoring by the Regional State Administrative Agency for South Finland revealed that in a few of Lassila & Tikanoja plc’s units in the Helsinki region the legal limits of overtime work had been exceeded. The police investigation and the consideration of charges were aimed at the overtime work of 25 of L&T's property maintenance employees.

On the basis of the consideration of charges, the District Prosecutor for Helsinki has today decided to press charges against 21 former and current management staff at Lassila & Tikanoja, including Pekka Ojanpää, President and CEO since 1 November 2011. They will be accused of crimes related to occupational health and safety, and working hours, legislation. These alleged acts are suspected to have occurred between 2009 and 2012. In addition, the prosecutor has demanded that the company pay a corporate fine of minimum EUR 100,000.


Pekka Ojanpää
President and CEO

For additional information, please contact
Timo Leinonen, CFO, tel. +358 400 793 (investors and analysts)
Jorma Mikkonen, Director, Corporate Relations and Responsibility, tel. +358 50 045 3454 (media)

Lassila & Tikanoja is a service company that is transforming the consumer society into an efficient recycling society. In co-operation with our customers we are reducing waste volumes, extending the useful lives of properties, recovering materials and decreasing the use of raw materials and energy. We help our customers to focus on their core business and to save the environment. Together, we create well-being and jobs. With operations in Finland, Sweden, Latvia and Russia, L&T employs 9,000 persons. Net sales in 2012 amounted to EUR 674.0 million. L&T is listed on NASDAQ OMX Helsinki.

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