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.

STOCK EXCHANGE RELEASE 16 Feb 2006

JAAKKO PÖYRY GROUP AWARDED EUR 13.1 MILLION CONTRACTS FOR LIGHT RAIL TRANSPORT SYSTEM IN VENEZUELA

JAAKKO PÖYRY GROUP OYJ     Stock Exchange Notice
                           February 16, 2006 at 4.15 p.m.

JAAKKO PÖYRY GROUP AWARDED EUR 13.1 MILLION CONTRACTS FOR LIGHT RAIL
TRANSPORT SYSTEM IN VENEZUELA

Electrowatt Infra Ltd., Latin America, which is part of the Jaakko Pöyry
Group's Infrastructure & Environment business group, has been awarded
extensions to their existing contracts with Metro de Maracaibo C.A.
relating to Line 1 of the light rail transport system in Maracaibo,
Venezuela. The total value of the extensions is EUR 13.1 million.

The contracts comprise consultancy engineering services and services for
the operational phase of the project. The services will be provided by
the beginning of 2008. Electrowatt Infra has been the client's agent for
the transport system since 2002. The contracts awarded to date in
connection with the system amount to a total of about EUR 25 million.

Electrowatt Infra has an excellent track record for major transport
projects in Latin America. Projects have been undertaken in Argentina,
Brazil, Chile, Costa Rica, Colombia, Mexico, Peru and Venezuela.

The Jaakko Pöyry Group's Infrastructure & Environment business group
uses the brand name Jaakko Pöyry Infra. Its net sales for 2005 were EUR
165 million. The business group has offices in 26 countries and it
employs 2000 experts worldwide.

JAAKKO PÖYRY GROUP OYJ



Erkki Pehu-Lehtonen                 Teuvo Salminen
President and CEO                   Deputy to President and CEO

Additional information by:
Gerhard Schmitz, Director, Electrowatt Infra Latin America
Tel. +41 76 356 2146
Andy Goodwin, President, Business Area Transportation, Electrowatt Infra
Tel. +41 76 356 2310

www.poyry.com

DISTRIBUTION:
Helsinki Stock Exchange
Major media