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PRESS RELEASE 6 Sep 2004

JAAKKO PÖYRY GROUP AWARDED EUR 1.6 MILLION RAILWAY ENGINEERING CONTRACT IN FINLAND

JP-Transplan Oy, which is part of the Jaakko Pöyry Group's Infrastructure & Environment business group, has signed a railway engineering contract in Finland. The value of the contract is EUR 1.6 million and it includes an option for subsequent engineering totalling EUR 2 million. The current assignment will be completed by the end of March, 2005.

The Finnish Rail Administration has appointed JP-Transplan to perform the general engineering for upgrading a 180-km stretch of the railway between Seinäjoki and Oulu. Developing this railway and improving its capacity is the most important rail network development project in Finland. The engineering work now agreed includes fundamental improvement of the line and review of bridge and road alternatives necessary for eliminating level crossings. Special emphasis will be put on construction techniques which allow traffic to continue while the improvement work is in progress.

JP-Transplan is one of Finland's leading consulting companies in the transportation sector. The company carries out engineering, consulting and supervision projects within the transportation sector in the Nordic and Baltic countries and Russia.

The Jaakko Pöyry Group's Infrastructure & Environment business group uses the brand name Jaakko Pöyry Infra. Its net sales for 2003 were EUR 139 million. The business group has offices in 15 countries and employs 1800 experts worldwide.

JAAKKO PÖYRY GROUP OYJ

Teuvo Salminen

Deputy to President and CEO

Additional information by:

Matti Mannonen, President, JP-Transplan Oy

Tel. +358 9 682 6446

E-mail:

Seppo Suhonen, Project Manager, JP-Transplan Oy

Tel. +358 9 682 6490

E-mail:

www.poyry.com

DISTRIBUTION:

Major media