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STOCK EXCHANGE RELEASE 10 Feb 1999

JAAKKO PÖYRY OY APPOINTED MAIN ENGINEERING CONSULTANT FOR UPM-KYMMENE'S REBUILD AT STRACEL IN FRANCE

JAAKKO PÖYRY OY APPOINTED MAIN ENGINEERING CONSULTANT FOR

UPM-KYMMENE'S REBUILD AT STRACEL IN FRANCE

Jaakko Pöyry Oy, a Jaakko Pöyry Group company, has been appointed main engineering consultant for the rebuild of PM1 at UPM-Kymmene Oyj's Stracel mill in France. The assignment includes complete engineering services, including structural design. The structural design is carried out by JP-Kakko Oy, a Jaakko Pöyry Group company as well. Jaakko Pöyry Oy also served as main engineering consultant when Stracel's PM1 was built in 1988-1990.

The rebuild project is the second major modernisation project awarded by UPM-Kymmene Oyj to Jaakko Pöyry Oy in France within the past twelve months. Jaakko Pöyry Oy has previously been appointed main engineering consultant for the new deinking plant project at UPM Kymmene Oyj's Chapelle Darblay mill. In this project, too, JP-Kakko Oy is responsible for structural design.

The total value of the engineering work for Stracel and Chapelle Darblay is about EUR 6 million.

JAAKKO PÖYRY GROUP OYJ

Erkki Pehu-Lehtonen

Teuvo Salminen

For more information, please contact:

Stefan Antell, President, Jaakko Pöyry Oy,

tel. +358 9 8947 2344, +358 40 5200 262

Distribution:

Helsinki Stock Exchange

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