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STOCK EXCHANGE RELEASE 22 Mar 2002

JAAKKO PÖYRY GROUP OYJ'S SHARE CAPITAL REDUCED BY INVALIDATING OWN SHARES

JAAKKO PÖYRY GROUP OYJ     Stock Exchange Announcement
                           March 22, 2002 at 10.00 a.m.

JAAKKO PÖYRY GROUP OYJ'S SHARE CAPITAL REDUCED BY INVALIDATING OWN
SHARES

Pursuant to the decision made by the Annual General Meeting of
Jaakko Pöyry Group Oyj on March 6, 2002, 309 300 own shares in the
company's possession have been invalidated. As a result of the
invalidation the registered share capital was decreased by EUR
309 300 from EUR 13 932 861 to EUR 13 623 561 and the total amount
of authorized shares decreased to 13 623 561. The reduction has been
registered in the Trade Register on March 22, 2002.

JAAKKO PÖYRY GROUP OYJ



Erkki Pehu-Lehtonen                 Teuvo Salminen
President and CEO                   Executive Vice President


Additional information by:
Anne Viitala, Group General Counsel, Jaakko Pöyry Group Oyj
Tel. +358 9 8947 2811

www.poyry.com


DISTRIBUTION:
Helsinki Exchanges
Major media