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STOCK EXCHANGE RELEASE 7 May 2003

JAAKKO PÖYRY GROUP OYJ PURCHASE OF OWN SHARES

JAAKKO PÖYRY GROUP OYJ	Stock Exchange Announcement
May 7, 2003

JAAKKO PÖYRY GROUP OYJ PURCHASE OF OWN SHARES

Trade date:			May 7, 2003
Bourse trade:			Buy

Share:				JPG1V
Amount:				 2700    shares
Average price/share:		14,40    EUR
Highest price/share:		14,40    EUR
Lowest price/share:		14,40    EUR
Total cost:			38880	 EUR

After today's purchases Jaakko Pöyry Group Oyj holds shares as follows: 86.700 shares

On behalf of JAAKKO PÖYRY GROUP OYJ

eQ Bank Ltd
Mikko Miettinen