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STOCK EXCHANGE RELEASE 4 Oct 2006

ACQUISITION STRENGTHENS PÖYRY'S POSITION AS EUROPE'S BIGGEST ENERGY MANAGEMENT CONSULTANT

PÖYRY PLC                  Stock Exchange Notice
                           October 4, 2006 at 9.45 a.m.

ACQUISITION STRENGTHENS PÖYRY'S POSITION AS EUROPE'S BIGGEST ENERGY
MANAGEMENT CONSULTANT

Pöyry's Energy business group has expanded its management consulting
business by acquiring Convergence Utility Consultants Ltd.,
headquartered in Switzerland. The company's main operational bases are
in Dusseldorf, Milan, Paris, Warsaw and Zurich and it has 70 employees.
Following the transaction, Pöyry will be the biggest energy management
consultant in Europe, employing more than 170 consultants.

Founded in 1995, Convergence Utility Consultants is a business, strategy
and economic consulting firm serving utility companies, regulators and
energy-sector institutions. Its service portfolio covers a broad
spectrum relating to producers, network carriers, retailers and
suppliers. Convergence's net sales amounted to EUR 8 million and its
operating profit was EUR 1.6 million in 2005. The transaction price for
Convergence Utility Consultants Ltd is EUR 12.9 million. Convergence is
debt-free and it has a strong cash position. The company will be
consolidated into Pöyry as of October 1, 2006.

Pöyry's management consulting expertise covers the entire business
process of the energy sector. Convergence Utility Consultants
complements Pöyry's expertise and enables expansion into other utility
markets. Following the transaction, Pöyry's management consulting
network covers the major energy producing and consuming areas in Europe.
Convergence's senior management and key resources will continue in their
present positions and take leading positions within Pöyry's energy
consulting organisation.

Pöyry is a global consulting and engineering firm focusing on the
energy, forest industry and infrastructure & environment sectors.
Pöyry's annual net sales amount to about EUR 600 million and it employs
6000 experts.

PÖYRY PLC


Erkki Pehu-Lehtonen                 Teuvo Salminen
President and CEO                   Deputy to President and CEO

Additional information by:
Richard Pinnock, President, Energy Business Group, Zurich, Switzerland
Tel. +41 76 356 2410
Teuvo Salminen, Deputy to President and CEO, Pöyry Plc
Tel. +358 9 8947 2872, +358 400 420 285

www.poyry.com

DISTRIBUTION:
Helsinki Stock Exchange
Major media