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STOCK EXCHANGE RELEASE 10 Aug 2001

JAAKKO PÖYRY GROUP OYJ: - SHARES SUBSCRIBED WITH WARRANTS

HELSINKI EXCHANGES                  TRADING NEWS PKV254/2001
Equity Trading                      10 August 2001

JAAKKO PÖYRY GROUP OYJ: - SHARES SUBSCRIBED WITH WARRANTS

A total of 56 025 Jaakko Pöyry Oy's shares have been
subscribed with the Jaakko Pöyry Oy's warrants attached
to the bond with warrants issued in 1998. The shares will
be traded on the Helsinki Exchanges as old shares as of
13 August 2001.
The increase in the share capital has been entered into
the Trade Register 10 August 2001.

Identifiers of Jaakko Pöyry Oy's share as of
13 August 2001:

Trading code:                       JPG1V
ISIN code:                          FI0009006696
Number of shares:                   13 932 561