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STOCK EXCHANGE RELEASE 11 Dec 2007

BOARD OF DIRECTORS OF PÖYRY PLC ADOPTED AN INCENTIVE PLAN FOR KEY PERSONNEL AND RESOLVED TO EXERCISE THE AUTHORITY BY THE ANNUAL GENERAL MEETING TO ACQUIRE OWN SHARES

The Board of Directors of Pöyry Plc has approved a new share-based incentive plan for key personnel of Pöyry. The success of Pöyry depends vitally on the performance of its people. The Board has therefore decided to increase significantly the number of employees eligible to participate in this new plan.
 
The plan includes three earning periods which are the calendar years 2008, 2009 and 2010. The potential reward from the plan for the first earning period 2008 will be based on the Group's earnings per share (EPS) and net sales growth.
 
The rewards will be paid partly in the company's shares and partly in cash in 2009, 2010 and 2011. Shares must be held for a period of two years from the transfer date. If a key person's employment or service agreement ends during this period, the shares must be returned to the company.
 
In the first earning period 2008, the incentive plan will include approximately 300 persons. The value of the plan will correspond to 270 000 shares, if the performance of the company is in line with the earnings criteria for target performance set by the Board of Directors. If the company's performance exceeds the target and reaches maximum performance, as defined by the Board, the value of the plan can reach up to the value of 540 000 shares. The rewards for 2008 will be paid half in shares and half in cash.
 
The share grants shall be distributed without compensation, by the resolution of the Board of Directors, to the discretionarily nominated key personnel employed by or to be recruited by Pöyry.
 
For the implementation of the incentive plan, the Board of Directors has further resolved to exercise the authorisation by the Annual General Meeting on March 5, 2007 to acquire the company's own shares. According to the resolution of the Board of Directors, a maximum of 400 000 shares may be acquired. In accordance with the authorisation of the Annual General Meeting, the shares may be acquired prior to the next Annual General Meeting at their market price at the time of purchase. The Board of Directors authorised the President and CEO to decide on the details and implementation of the acquisition of own shares.
 
PÖYRY PLC
 
Erkki Pehu-Lehtonen
President and CEO
 
Teuvo Salminen
Deputy to President and CEO
 
Additional information by:
Camilla Grönholm, Vice President, Human Resources, Pöyry Plc
Tel. +358 10 33 22153
 
 
DISTRIBUTION:
OMX Nordic Exchange Helsinki
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