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PRESS RELEASE 12 Jul 2012

Pöyry awarded assignment for the modernisation of a distribution system substation in Austria

PÖYRY PLC          Press release 12 July 2012

Pöyry's Energy business group has been awarded an assignment for the modernisation of Landskron substation by the Carinthian distribution system operator KELAG Netz GmbH. The overall value for Pöyry amounts to approximately EUR 7.1 million, and it has been booked in the second quarter order stock.

The scope of the work comprises detailed design engineering, project management, construction and installation services as well as the supply of equipment. Dismantling of the existing equipment and installation of the new components will be realised stepwise in close cooperation with the client. The project will start in July 2012 and will be completed by the end of 2014.

Pöyry's comprehensive offering for the power transmission and distribution sector in Europe underlines the company's commitment to supporting its clients with the challenges of a changing power sector. Upgraded grid infrastructures are instrumental for adopting the future generation mix and to guarantee reliable power supply to all clients.

PÖYRY PLC

Additional information:
Stefan Hofer, Business Area Manager Transmission & Distribution, Pöyry Energy GmbH, Austria
Tel. +43 1 53605 54640
Thomas Kriesch, Managing Director, Pöyry Energy GmbH, Austria
Tel. +43 1 53605 22585
 
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).

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www.poyry.com