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STOCK EXCHANGE RELEASE 8 Oct 2002

EMPLOYEE NEGOTIATIONS WILL BE STARTED AT JAAKKO PÖYRY OY

JAAKKO PÖYRY GROUP OYJ     Stock Exchange Notice
                           October 8, 2002 at 1.15 p.m.

EMPLOYEE NEGOTIATIONS WILL BE STARTED AT JAAKKO PÖYRY OY

Due to the present market situation an invitation to employee
negotiations has been given at Jaakko Pöyry Oy, which belongs to the
Forest Industry business group of Jaakko Pöyry Group Oyj. The
negotiations will start on October 15, 2002.

JAAKKO PÖYRY GROUP OYJ



Erkki Pehu-Lehtonen                 Teuvo Salminen
President and CEO                   Executive Vice President


Additional information by:
Kari Kalliala, President, Jaakko Pöyry Oy
Tel. +358 9 8947 2033, +358 40 540 8335

www.poyry.com

DISTRIBUTION:
Helsinki Exchanges
Major media