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 28 Mar 2001

JAAKKO PÖYRY GROUP OYJ DISCONTINUES ITS ALCOHOL PLANT CONTRACTING BUSINESS

JAAKKO PÖYRY GROUP OYJ     Stock Exchange Notice
                           March 28, 2001 at 9.00 a.m.

JAAKKO PÖYRY GROUP OYJ DISCONTINUES ITS ALCOHOL PLANT CONTRACTING
BUSINESS

Jaakko Pöyry Group Oyj has decided to discontinue its loss-making
alcohol plant contracting business. Incorporated into the Energy
business group, the contracting business had net sales of about EUR
31 million in the year 2000. According to the annual report for
2000, the Group's strategic aim is to improve its relative
profitability and to raise its operating profit to more than 8 per
cent of net sales. Because of the nature of the contracting business
its profitability is lower than that of consulting and engineering
projects. The present decision is a part of the effort to improve
the Group's relative profitability.

To cover the expenses of discontinuing the alcohol plant contracting
business, Jaakko Pöyry Group Oyj will include an extra reserve of
EUR 6 million in the first-quarter results for 2001.
Correspondingly, the consolidation surplus from the Swedish Staff
Pension Society (SPP) for the year 2000, which amounts to a total of
EUR 5 million and which has not been booked in the annual accounts
for 2000, will be booked in the first-quarter results for 2001.

JAAKKO PÖYRY GROUP OYJ


Erkki Pehu-Lehtonen                 Teuvo Salminen

For more information please contact:

Teuvo Salminen, Executive Vice President, Jaakko Pöyry Group Oyj,
tel. +358 9 8947 2872, +358 400 420 285

www.poyry.com

DISTRIBUTION:
Helsinki Exchanges
Major media