Abstract This paper presents the Slovene Training Corpus ssj500k 2.2, which has been annotated on the levels of tokenization, sentence segmentation, part-of-speech tagging, lemmatization, syntactic dependencies, named entities, verbal multi-word expressions, and semantic role labeling. It describes the individual layers of annotation and shows the scope of using the training corpus in the production of various lexicons, such as the lexicon of multi-word units and the valency lexicon of modern Slovene. It concludes by presenting our future work, i.e. the annotation of multi-word expressions based on the Slovene Lexical Database.