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STOCK EXCHANGE RELEASE 23 May 2003

JAAKKO PÖYRY GROUP OYJ PURCHASE OF OWN SHARES

JAAKKO PÖYRY GROUP OYJ	Stock Exchange Announcement
May 23, 2003

JAAKKO PÖYRY GROUP OYJ PURCHASE OF OWN SHARES

Trade date:			May 23, 2003
Bourse trade:			Buy

Share:				JPG1V
Amount:				3000     shares
Average price/share:		15,00    EUR
Highest price/share:		15,00    EUR
Lowest price/share:		15,00    EUR
Total cost:			45000	 EUR

After today's purchases Jaakko Pöyry Group Oyj holds shares as follows: 119.500 shares

On behalf of JAAKKO PÖYRY GROUP OYJ

eQ Bank Ltd
Mikko Miettinen