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Resolutions by Annual General Meeting and organisation of the board

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The Annual General Meeting of Lassila & Tikanoja plc, which was held today,
adopted the financial statements for the financial year 2006 and released the
members of the Board of Directors and the President and CEO from liability. 


The AGM resolved that a dividend of EUR 0.55, as proposed by the Board of
Directors, be paid for the financial year 2006.The dividend will be paid on 5
April 2007 to all shareholders registered in the shareholders' register
maintained by the Finnish Central Securities Depository Ltd on the record date
29 March 2007. 


The number of the members of the Board of Directors was confirmed five (5). The
following Board members were re-elected to the Board until the end of the
following AGM: Lasse Kurkilahti, Juhani Lassila, Juhani Maijala and Soili
Suonoja. Eero Hautaniemi was elected as a new member for the same term. The
former long-standing member of the Board Heikki Hakala had informed that he did
not wish to stand for re-election. 

The Meeting resolved on the following annual fees: Chairman EUR 44,000, Vice
Chairman EUR 29,000 and the ordinary members EUR 24,500. The fees shall be paid
so that each member purchases company shares worth of the net amount of the fee
(40%) in public trading on the Helsinki Stock Exchange within the next fourteen
trading days, free from restrictions on trading, from the Annual General


PricewaterhouseCoopers Oy, Authorised Public Accountants, were elected auditors
with Heikki Lassila, Authorised Public Accountant, acting as Principal Auditor.
The fees of the auditors are paid according to reasonable invoicing. 


The Annual General Meeting resolved to amend the Articles of Association as

1. Article 3 concerning the minimum and maximum share capital and the number of
shares shall be deleted. 
2. Article 4 concerning the book-entry system shall be amended so that all
other provisions except for the reference that the Company's shares belong to
book-entry system shall be deleted. 
3. Article 8 of Articles of Association shall be amended by changing the right
to sign for the company to the right of representation. 
4. In article 12 concerning the notice to the general meeting of shareholders
and article 14 concerning the issues pertaining to the Annual General Meeting,
amendments required by the new Finnish Companies Act will be made. 
5. The reference to the article 12 of the articles of association in force 
included in article 15 concerning redemption obligation shall be amended to a
reference to article 11. 


At its organising meeting following the Annual General Meeting, the Board of
Directors re-elected Juhani Maijala as Chairman of the Board and Juhani Lassila
as Vice Chairman. 


Jari Sarjo, President and CEO

For additional information please contact Mr. Jari Sarjo, President and CEO,
tel. +358 10 636 2810.