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STOCK EXCHANGE RELEASE 27 Feb 2006

JAAKKO PÖYRY GROUP AWARDED EUR 7.3 MILLION POWER PLANT ENGINEERING CONTRACT IN ITALY

JAAKKO PÖYRY GROUP OYJ     Stock Exchange Notice
                           February 27, 2006 at 12.15 p.m.

JAAKKO PÖYRY GROUP AWARDED EUR 7.3 MILLION POWER PLANT ENGINEERING
CONTRACT IN ITALY

Electrowatt-Ekono SPE Srl, which is part of the Jaakko Pöyry Group's
Energy business group, has been awarded an owners engineering contract
by Rizziconi Energia, a subsidiary of the Swiss EGL Group. The contract
value is EUR 7.3 million and the services shall be provided by end of
2008.

The contract comprises owners engineering and other services for EGL's
800 MW combined cycle power plant at Rizziconi in Calabria, southern
Italy. Electrowatt-Ekono SPE Srl is currently performing owners
engineering services also for EGL's 800 MW combined cycle power plant in
the region of Campania, Italy.

Elektrizitäts-Gesellschaft Laufenburg AG (EGL) is one of the leading
energy companies in Italy and a major player in the European energy
trading business.

Electrowatt-Ekono SPE Srl is the most recent acquisition to the Jaakko
Pöyry Group's Energy business group and covers its activities in Italy.

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



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

Additonal information by:
Philipp Elkuch, Managing Director, Electrowatt-Ekono SPE srl, Genoa,
Italy
Tel. +39 10 291 0568
Ari Asikainen, President, Business Area Power & Heat, Electrowatt-Ekono
Tel. +358 400 81 66 33

www.poyry.com

DISTRIBUTION:
Helsinki Stock Exchange
Major media