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PRESS RELEASE 13 Jun 2002

JAAKKO PÖYRY GROUP AWARDED FEASIBILITY STUDY FOR SUBURBAN RAILWAY LINE IN MEXICO


Electrowatt Infra Latin America, which is part of the Jaakko Pöyry Group's Infrastructure & Environment business group, has been awarded a feasibility study for a suburban railway line in the State of Mexico, Mexico. The 12 km long railway line with 11 stations is planned to be linked to the metro system of Mexico City. Awarded by the State of Mexico, the contract amounts to EUR 0.5 million.

The study includes conceptual design of the railway alignment, civil works and electromechanical equipment. Additionally, the scope of work embraces a demand study and an analysis of the technical and financial viability of the railway line. The services will be completed in autumn this year.

Electrowatt Infra Latin America has a large number of major transport projects on its track record. Projects have been carried out in Argentina, Brazil, Chile, Colombia, Mexico, Peru and Venezuela. This project is a major step to improve the company's position in the important and fast-growing transportation market in Mexico.

The Infrastructure & Environment business group, operating under the brand name Jaakko Pöyry Infra, had net sales of EUR 108 million in 2001. Jaakko Pöyry Infra has offices in 12 countries and employs some 1200 experts worldwide.

JAAKKO PÖYRY GROUP OYJ

Satu Lyytinen

Investor Relations

Additional information by:

Gerhard Schmitz, Head of Electrowatt Infra Latin America, Brazil

Tel. +55 11 3472 6955

Fax +55 11 3472 6970

E-mail:

Johann Schmieder, Executive Vice President, Jaakko Pöyry Infra, Germany

Tel. +49 7621 930045

Fax +49 7621 930033

E-mail:

www.poyry.com

DISTRIBUTION:

Major media