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PRESS RELEASE 7 Mar 2012

New frame agreement between Pöyry and Metsä Group

PÖYRY PLC          Press release 7 March 2012

Pöyry and Metsä Group have signed a frame agreement for technical consulting and engineering services. The frame agreement will enable easy cooperation in small and medium sized operations improvement and engineering assignments and provide Metsä Group access to Pöyry's global service network.

According to the agreement, Pöyry will provide Metsä Group with mill lifecycle services ranging from project development services to daily operational engineering work and document management services.

The new agreement is a further step in the long history of cooperation between Metsä Group and Pöyry, which started already in 1958 with Pöyry's first assignment for the engineering of the Äänekoski pulp mill.

"This agreement further strengthens our co-operation with Metsä Group by bringing value added services for the whole life cycle of a mill", comments Nicholas Oksanen, President, Pulp & Paper.

"From now on Pöyry's project management, technology know-how and engineering services are easily available for the client through our broad international office network", says Stefan Nyström, President, Local Service Network.

"We have a long history with Pöyry, who has provided us wide range of engineering services. As we want to focus on the continuous and efficient development of our mills, we needed a partner who knows our operations and is capable of providing state-of-the-art know-how and services. I look forward to our extended co-operation", says Arto Kankaanpää, Head of Main Category, Mill related Support Services from Metsä Group.

Metsä Group is an international forest industry group present in some 30 countries. Metsä Group combines responsible forest economy and innovative technology to produce high-quality products and solutions from renewable Nordic wood in a sustainable way. The Group's five business areas are Wood Supply, Wood Products, Pulp, Board and Paper, and Tissue and Cooking Papers. Metsä Group's sales total EUR 5.3 billion and it employs 12,500 persons.

PÖYRY PLC

Additional information:
Nicholas Oksanen, President, business area Pulp and Paper, Pöyry Finland Oy
tel: +358 10 33 22294
Stefan Nyström, President, business area Local Project Services, Pöyry Finland Oy
tel: +358 10 33 23101

Pöyry is a global consulting and engineering company dedicated to balanced sustainability and responsible business. With quality and integrity at our core, we deliver best-in-class management consulting, total solutions, and design and supervision. Our in-depth expertise extends to the fields of energy, industry, transportation, water, environment and real estate. Pöyry has about 7,000 experts and a local office network in about 50 countries. Pöyry's net sales in 2011 were EUR 796 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).

DISTRIBUTION:
Major media
www.poyry.com