Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Rectangle 212 + Rectangle 212 + Rectangle 212 Created with Sketch. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta. Twitter Created with Sketch Beta. Slice 1 Created with Sketch Beta. Slice 1 Created with Sketch Beta.

STOCK EXCHANGE RELEASE 24 Sep 2002

JAAKKO PÖYRY GROUP'S EARNINGS FORECAST FOR 2002

JAAKKO PÖYRY GROUP OYJ     Stock Exchange Notice
                           September 24, 2002 at 8.30 a.m.

JAAKKO PÖYRY GROUP'S EARNINGS FORECAST FOR 2002

World economic prospects for 2002 remain uncertain. The economy and
investment demand have not recovered as generally predicted.

Because of the uncertainty in the world economy the forest
industry's investment activity has remained low. Numerous pre-
studies and preliminary engineering projects are in progress, but
investment decisions have been postponed. Taking into account the
market situation, the Forest Industry business group's operating
profit for 2002 will be satisfactory, though lower than previously
estimated. The operating profit of the Forest Industry Consulting
business group will be strongly dependent on mergers and
acquisitions in the final months of the year and the commissions
from this work; if planned mergers and acquisitions proceed
according to plan, the business group's operating profit will be
clearly up on the previous year. Market prospects in the energy
sector are still uncertain, though demand for services related to
renewable sources of energy, power plant modernisations and
consulting work has recovered. The Energy business group has
received a number of major new assignments during the summer and
early autumn, but their favourable effect on earnings will not be
seen until 2003. The Energy business group's operating profit for
2002 is expected to remain at the previous year's level. The
Infrastructure & Environment business group has not experienced any
major changes; its operating profit for 2002 is estimated to remain
at the level achieved in 2001.

In spite of the continued difficult market situation, the Jaakko
Pöyry Group's order stock has remained satisfactory and its market
position is strong. Taking into account the business groups'
prospects outlined above, the consolidated profit before
extraordinary items for 2002 is estimated at EUR 17-21 million.

JAAKKO PÖYRY GROUP OYJ



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


Additional information by:
Erkki Pehu-Lehtonen, President and CEO, Jaakko Pöyry Group Oyj
Tel. +358 9 8947 2999
Teuvo Salminen, Executive Vice President, Jaakko Pöyry Group Oyj
Tel. +358 9 8947 2872

www.poyry.com

DISTRIBUTION:
Helsinki Exchanges
Major media