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Lassila & Tikanoja to start repurchase of own shares

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LASSILA & TIKANOJA PLC	COMPANY ANNOUNCEMENT                                     
12 May 2009  8.00 am                                                         


The Board of Directors of Lassila & Tikanoja plc has resolved to exercise the   
authorisation by the Annual General Meeting on 24 March 2009 to repurchase a    
maximum of 50,000 of the company's own shares, which corresponds to 0.1% of the 
total number of issued shares. The shares will be repurchased as part of the    
company's incentive programme announced on 25 March 2009 to be used as potential
reward payments in accordance with the programme criteria.                      

Shares will be repurchased otherwise than in proportion to the existing         
shareholdings of the company's shareholders using the company's unrestricted    
equity in public trading on the NASDAQ OMX Helsinki Ltd at the market price     
quoted at the time of the repurchase.                                           

The repurchase of own shares will start on 20 May 2009 at the earliest. The     
repurchase authorisation will be effective for 18 months from the date of the   
Annual General Meeting and covers a maximum of 500,000 shares.                  

LASSILA & TIKANOJA PLC                                                          

Jari Sarjo                                                                      
President and CEO                                                               

For additional information please contact Ville Rantala, CFO, tel. +358 50 385  
1442 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.                              

NASDAQ OMX Helsinki                                                             
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