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STOCK EXCHANGE RELEASE 15 Jan 2002

NOTICE PURSUANT TO FINNISH SECURITIES MARKET ACT 2:10; EGERTON CAPITAL LIMITED PARTNERSHIP SHAREHOLDINGS IN JAAKKO PÖYRY GROUP

JAAKKO PÖYRY GROUP OYJ     Stock Exchange Notice
                           January 15, 2002 at 3:30 p.m.

NOTICE PURSUANT TO FINNISH SECURITIES MARKET ACT 2:10; EGERTON
CAPITAL LIMITED PARTNERSHIP SHAREHOLDINGS IN JAAKKO PÖYRY GROUP

Jaakko Pöyry Group Oyj has been informed on January 15, 2002 that as
a result of share trades concluded on November 23, 2001 the holdings
of investment funds managed by Egerton Capital Limited Partnership
as investment manager, have fallen below 1/20 of the share capital
in Jaakko Pöyry Group Oyj.

The exact proportion of voting rights and share capital in Jaakko
Pöyry Group Oyj managed by Egerton Capital Limited Partnership were,
as of November 23, 2001, as follows:

Shareholder                    Number of   Proportion of   Proportion of
                               shares      share capital   voting rights

The Egerton Capital European
Fund, reg. No. 229373          34 402      0.25 %          0.25 %
Egerton Capital Partners
L.P.                           83 322      0.60 %          0.60 %
The Egerton European Dollar
Fund Limited reg. No. 134400   345 229     2.48 %          2.48 %
The Egerton European Equity
Fund Limited, reg. No. 126212  171 194     1.23 %          1.23 %
GAM Equity (No. 11) Inc., reg.
No. 31959                      51 253      0.37 %          0.37 %

Total                          685 400     4.92 %          4.92 %

Holdings managed by Egerton Capital Limited Partnership are, as of
January 8, 2002, 0.00 % of the share capital and of the voting
rights of the company.

As of November 23, 2001 and as of today, the registered share
capital of Jaakko Pöyry Group Oyj comprises a total of 13 932 861
shares, said shares entitling to a total of 13 932 861 votes.

The Business Identity Code of Egerton Limited Partnership is LP4957.

JAAKKO PÖYRY GROUP OYJ


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

Additional information by:
Satu Lyytinen, Investor Relations, Jaakko Pöyry Group Oyj
Tel: +358 9 8947 3002, +358 40 526 3388
www.poyry.com

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