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PRESS RELEASE 13 May 2002

JAAKKO PÖYRY GROUP TO PARTICIPATE IN RAILWAY DESIGN FOR BOTNIABANAN IN SWEDEN


JP-Transplan Ltd, which is part of Jaakko Pöyry Group's Infrastructure & Environment business group, has been commissioned by the Swedish Botniabanan AB to design a 10 km railway line south of Örnsköldsvik. The assignment will be completed in October 2002. The contract value amounts to EUR 0.5 million.

Botniabanan will be 190 km long and it will extend from Nyland, north of Sundsvall, to Umeå. The total cost estimate for the line amounts to about 11 billion Swedish crowns. The plan covers 150 bridges, 29 stations and almost 30 km of tunnels. The project includes two tunnels and three bridges, the longest of which is the about 1 km Nätrå bridge. The railway line will be completed by the end of 2008.

”For JP-Transplan Ltd, the design project is an important opening to the Swedish market. The Swedish traffic infrastructure market is threefold in size compared to the Finnish market. JP-Transplan is the first foreign railway designer in Sweden,” says Matti Mannonen, JP-Transplan's President.

The Infrastructure & Environment business group, operating under the brand name Jaakko Pöyry Infra, had net sales of EUR 108 million in 2001. Jaakko Pöyry Infra has offices in 12 countries and employs some 1200 experts worldwide.

JAAKKO PÖYRY GROUP OYJ

Satu Lyytinen

Investor Relations

Additional information by:

Matti Mannonen, President, JP-Transplan Ltd

Puh. +358 9 8947 6446, +358 40 544 7047

Björn Lillkåll, director, Scandinavian exports, JP-Transplan Ltd

Puh. +358 9 8947 6530, +358 500 390 011

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