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STOCK EXCHANGE RELEASE 16 Jun 2003

JAAKKO PÖYRY GROUP OYJ PURCHASE OF OWN SHARES

JAAKKO PÖYRY GROUP OYJ	Stock Exchange Announcement
June 16, 2003

JAAKKO PÖYRY GROUP OYJ PURCHASE OF OWN SHARES

Trade date:			June 16, 2003
Bourse trade:			Buy

Share:				JPG1V
Amount:				 2600    shares
Average price/share:		15,00    EUR
Highest price/share:		15,00    EUR
Lowest price/share:		15,00    EUR
Total cost:		        39000 	 EUR

After today's purchases Jaakko Pöyry Group Oyj
holds shares as follows: 159.700 shares

On behalf of JAAKKO PÖYRY GROUP OYJ

eQ Bank Ltd
Ville Kettunen