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STOCK EXCHANGE RELEASE 26 Sep 2001

JAAKKO PÖYRY GROUP'S EARNINGS FORECAST FOR 2001

JAAKKO PÖYRY GROUP OYJ     Stock Exchange Notice
                           September 26, 2001 at 8.30 a.m.  1(1)

JAAKKO PÖYRY GROUP'S EARNINGS FORECAST FOR 2001

Jaakko Pöyry Group Oyj's Board of Directors has in its meeting on
September 25, 2001 reviewed the Group's earnings forecast for 2001.

The global economic outlook has weakened considerably, especially in
the early autumn. The decline in economic activity will affect
Jaakko Pöyry Group's operations particularly in North America, where
investment demand has declined most rapidly. North America will
account for about 5 per cent of the Jaakko Pöyry Group's net sales
in 2001. Demand for consulting services has also declined and it is
possible that the completion of some investment banking assignments
may be postponed until 2002.  In the emerging markets major energy
projects have been postponed.

Jaakko Pöyry Group's order stock in general is still healthy and its
market position remains strong. Profit after financial items in 2001
is estimated at EUR 26-30 million. Earnings per share are estimated
at EUR 1.25-1.45.

JAAKKO PÖYRY GROUP OYJ



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

Additional information by:

Teuvo Salminen, Executive Vice President, Jaakko Pöyry Group Oyj
Tel. +358 9 8947 2872, +358 400 420 285

www.poyry.com

DISTRIBUTION:
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