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STOCK EXCHANGE RELEASE 9 Feb 2001

JAAKKO PÖYRY GROUP RECEIVES POWER PLANT OPERATIONS AND MAINTENANCE CONTRACT

JAAKKO PÖYRY GROUP OYJ     Stock Exchange Notice
                           February 9, 2001 at 10.30 a.m.

JAAKKO PÖYRY GROUP RECEIVES POWER PLANT OPERATIONS AND MAINTENANCE
CONTRACT

Electrowatt-Ekono, the Jaakko Pöyry Group's Energy business group,
expands its business into operations and maintenance (O&M)
activities. The company has received its first major O&M contract
from Carmelray Industrial Park Power Corporation in Singapore. The
client will build a 52 MW diesel-fired power plant in three phases.
Electrowatt-Ekono will provide full operation and maintenance
services for both the power plant and the system. The value of the
contract for the first phase amounts to EUR 1.1 million.

The Energy business group has made a strategic decision to expand
its business activities towards O&M activities of power plants
starting on the Asia Pacific market. The received contract enhances
the possibilities of further developing the O&M business and will
serve as an important reference for Electrowatt-Ekono's future
activities in this area. The demand for this type of services is
strongly increasing and the aim is to expand the O&M business into
other key market areas.

JAAKKO PÖYRY GROUP OYJ


Erkki Pehu-Lehtonen                 Teuvo Salminen

Addditional information by:
Andy Goodwin, Director Business Development (O&M), Electrowatt-Ekono
(Philippines) Inc.
Tel. +66 2 238 47 84
Fax +66 2 238 33 42

Jukka Nyrölä, CEO, Electrowatt-Ekono Zürich/Switzerland
Tel. +41 1 355 55 55
Fax +41 1 355 55 56

www.poyry.com

DISTRIBUTION:
Helsinki Exchanges
Major media