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PRESS RELEASE 31 Jan 2007

PÖYRY ASSIGNED FOR BILLERUD'S PAPER MACHINE REBUILDS IN SWEDEN

Pöyry's Forest Industry business group has been assigned to provide engineering services for Billerud AB's two paper machine rebuild projects in Sweden. The value of the assignments is not disclosed.

Pöyry's assignments include project management and complete engineering services for the rebuilds of PM2 at Gruvön and PM7 at Skärblacka. The rebuilds are designed to improve the machines' performance and product quality. The rebuilt paper machines are scheduled to be started up in summer 2008.

The assignments are a continuation to the long-lasting cooperation with Billerud and further strengthen Pöyry's position as the leading engineering service provider for the Swedish pulp and paper industry.

Pöyry is a global consulting and engineering firm focusing on the energy, forest industry and infrastructure & environment sectors. Pöyry's annual net sales amount to about EUR 600 million and it employs 6000 experts.

PÖYRY PLC

Satu Perälampi

Investor Relations Manager

Additional information by:

Lars I Johansson, Managing Director, Pöyry Forest Industry AB, Sweden

Tel. +46 60 59 51 02, +46 70 648 32 44

Per Klinga, Division Manager, Process, Pöyry Forest Industry AB, Sweden

Tel. +46 11 15 88 25, +46 70 591 14 10

www.poyry.com

DISTRIBUTION:

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