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STOCK EXCHANGE RELEASE 2 Sep 2005

JAAKKO PÖYRY GROUP AWARDED EUR 15 MILLION PULP MILL ENGINEERING PROJECT IN URUGUAY BY BOTNIA

JAAKKO PÖYRY GROUP OYJ     Stock Exchange Notice
                           September 2, 2005 at 10.00 a.m.

JAAKKO PÖYRY GROUP AWARDED EUR 15 MILLION PULP MILL ENGINEERING PROJECT
IN URUGUAY BY BOTNIA

Jaakko Pöyry Oy, JP-Engineering Ltd and JP-Kakko Oy, which are part of
the Jaakko Pöyry Group's Forest Industry business group, will
participate in the pulp mill project to be implemented in Uruguay by
Botnia S.A. The value of the assignment is some EUR 15 million, of which
EUR 5 million has been included in the order stock for the first and
second quarters of 2005.

According to the assignment, Jaakko Pöyry will supply owners engineering
services in the pulp mill project implementation, construction
engineering of the mill, engineering of the interconnections between
main mill departments and detail engineering for the main process
equipment to be supplied by Andritz. The annual capacity of the pulp
mill will be one million tonnes and it will start up during the third
quarter of 2007.

Botnia S.A. is owned by Oy Metsä-Botnia Ab, UPM-Kymmene Oyj and
Cooperation Metsäliitto, with whom Jaakko Pöyry has a long lasting
cooperation relationship. Jaakko Pöyry has participated in the
implementation of several of Botnia's, UPM-Kymmene's and Metsäliitto's
major projects in Finland as well as globally.

The Jaakko Pöyry Group's Forest Industry business group operates under
the brand name Jaakko Pöyry. Its net sales for 2004 were EUR 186
million. The Forest Industry business group has offices in 19 countries
and employs 2100 experts worldwide.

JAAKKO PÖYRY GROUP OYJ



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

Additional information by:
John Lindahl, President, Jaakko Pöyry Oy
Tel. +358 40 505 6761
Tapio Aalto, President, JP-Engineering Ltd
Tel. +358 9 8947 3401
Juhani Siiroinen, President, JP-Kakko Oy
Tel. +358 9 8947 3101

www.poyry.com

DISTRIBUTION:
Helsinki Stock Exchange
Major media