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PRESS RELEASE 3 Mar 2006

JAAKKO PÖYRY GROUP AWARDED EUR 1.7 MILLION EXTENSION TO POWER PLANT PROJECT MANAGEMENT SERVICES CONTRACT IN VIETNAM


Electrowatt-Ekono, the Energy business group of Jaakko Pöyry Group, has been awarded an extension to its project management services contract with Petro Vietnam. The total value of Electrowatt-Ekono's services in the project increased by EUR 1.7 million to EUR 6.6 million.

The size of Petro Vietnam's ongoing 750 MW combined cycle gas turbine power plant project has been increased by 750 MW. Located in the Ca Mau province, southeast of Ho Chi Minh City, the 2 x 750 MW power plant is the largest power project under development in Vietnam.

This extension to the existing assignment further strengthens Electrowatt-Ekono's position as a leading consultant in large size combined cycle gas turbine power plants.

The Energy business group, operating under the brand name Electrowatt-Ekono, had net sales of EUR 160 million in 2005. Electrowatt-Ekono has offices in 23 countries and employs 1500 experts worldwide.

JAAKKO PÖYRY GROUP OYJ

Satu Perälampi

Investor Relations Manager

Additional information by:

Peter Fischer, Director, Electrowatt-Ekono Asia-Pacific

Tel. +66 2 650 3171

Ari Asikainen, President Business Area Power and Heat, Electrowatt-Ekono

Tel. +358 400 81 66 33

www.poyry.com

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