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PRESS RELEASE 29 Sep 2006

PÖYRY AWARDED EUR 1.6 MILLION TALL OIL PLANT CONTRACT IN SWEDEN

Pöyry's Energy business group has been awarded the engineering, procurement and construction contract for a tall oil plant by Iggesund Paperboard AB, which is a member of Holmen Group. The value of the contract is EUR 1.6 million and it will be executed over a period of eleven months.

The assignment comprises a 4.2 t/h crude tall oil plant with auxiliaries based on the HDS® (Hydro Dynamic Separation) technology, which is Pöyry Energy Oy's proprietary know-how. Similar equipment has already been installed in 18 modern pulp mills in Europe, Canada and China. The plant has high yield, good availability and low maintenance costs and it produces high-quality crude tall oil.

Iggesund Paperboard is a member of the Holmen Group and Europe's leading manufacturer of high-quality virgin fibre paperboard for use in the packaging and graphics sectors. Iggesunds Bruk in Sweden is one of the most advanced, fully integrated pulp and paperboard mills in the world. It employs 900 people and has a capacity of 300 000 t/a of Invercote.

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:

Ari Asikainen, President Business Area Power and Heat, Energy Business Group, Espoo, Finland

Tel. +358 400 81 6633

Jorma Kotakorpi, Vice President, EPC Projects, Pöyry Energy Oy, Espoo, Finland

Tel. +358 9 4691 557

DISTRIBUTION:

Major media