Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Rectangle 212 + Rectangle 212 + Rectangle 212 Created with Sketch. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Twitter Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta.

PRESS RELEASE 27 Apr 2004

JAAKKO PÖYRY GROUP AWARDED BOARD MILL ENGINEERING CONTRACT IN SPAIN


The Jaakko Pöyry Group has been awarded an engineering contract by S.A. Industrias Celulosa Aragonesa, SAICA, for their new board mill and cogeneration plant in El Burgo de Ebro, Spain. The services will be provided jointly by the Group's Finnish units JP-Engineering Ltd and JP-Kakko Oy and its Spanish unit Heymo Ingeniería S.A.

The assignment covers detail engineering including civil engineering, and optional construction supervision and commissioning services. The project further reinforces the collaboration between the Energy business group and the Forest Industry business group, in line with the Jaakko Pöyry Group's strategy.

SAICA is the biggest Spanish paper and board manufacturer, with paper machines in Zaragoza and El Burgo de Ebro in Spain, and board mills in several locations in Europe. SAICA has also paper production capacity in France. The new PM10 will produce 400 000 t/a of fluting and testliner board and it is scheduled to start up at the beginning of 2006.

The Jaakko Pöyry Group has three core areas of expertise: forest industry, energy, and infrastructure & environment. The Group had net sales of EUR 412 million in 2003. It has offices in 38 countries and employs 4800 experts worldwide.

JAAKKO PÖYRY GROUP OYJ

Teuvo Salminen

Deputy to President and CEO

Additional information by:

Pekka Eskelinen, Vice President, Sales and Marketing, JP-Engineering Ltd, Vantaa/Finland

Tel. +358 9 8947 3636

Carlos Morales, General Manager, Heymo Ingeniería S.A., Madrid/Spain

Tel. +34 91 381 08 40

www.poyry.com

DISTRIBUTION:

Major media