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STOCK EXCHANGE RELEASE 24 Nov 2000

JAAKKO PÖYRY GROUP AWARDED TWO MAJOR CONSULTING PROJECTS IN VIETNAM

JAAKKO PÖYRY GROUP OYJ              Stock Exchange Notice
                                    November 24, 2000
                                    12.00 a.m.        1(1)

JAAKKO PÖYRY GROUP AWARDED TWO MAJOR CONSULTING PROJECTS IN
VIETNAM

Soil and Water Ltd, which is a member of the Jaakko Pöyry Group's
Infrastructure & Environment business group, has been awarded the
fourth stage of a project aimed at developing the fresh water,
waste water and solid waste management systems of the City of
Haiphong and the local organisations responsible for these
sectors. Soil and Water Ltd was also awarded the second stage of a
project for developing Vietnam's Ministry of Trade. The main
emphasis in these projects is on institutional development and
consulting services related thereto. With a combined value of
about EUR 6 million, the projects are financed by the Ministry for
Foreign Affairs of Finland. The projects will be implemented
during the period 2001-2004.

The new projects will strengthen Soil and Water Ltd's position in
Vietnam and Indochina, creating possibilities for further
expansion of the company's activities in Asia.  Soil and Water
opened an office in Hanoi this spring to serve the markets in
Indochina.

Soil and Water Ltd's first assignment in Vietnam in 1977 consisted
of engineering services for the Pha Rung shipyard. Since then, the
company's most important assignments in Vietnam have been the
Hanoi (1984-1997) and Haiphong (1990-2000) water and sanitation
projects. The company's long-term commitment to serving the
Vietnamese market is now bearing fruit. Apart from the above-
mentioned projects, Soil and Water Ltd has also received another
major assignment in Vietnam during this year.

JAAKKO PÖYRY GROUP OYJ


Erkki Pehu-Lehtonen                 Teuvo Salminen

Additional information by:

Jukka Noponen, President and CEO, Soil and Water Ltd
Tel. +358 9 682 6400, +358 40 587 4323

Ari Makkonen, Vice President Water Supply and Sanitation, Soil and
Water Ltd
Tel. +358 9 682 6504, +358 40 510 7117

www.poyry.com

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