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STOCK EXCHANGE RELEASE 4 Jul 2006

PÖYRY AWARDED EUR 17 MILLION ENGINEERING SERVICES CONTRACT FOR QATAR PETROLEUM IN ABU DHABI

PÖYRY PLC                  Stock Exchange Notice
                           July 4, 2006 at 3.00 p.m.

PÖYRY AWARDED EUR 17 MILLION ENGINEERING SERVICES CONTRACT FOR QATAR
PETROLEUM IN ABU DHABI

Pöyry's Energy business group has been awarded the engineering design
services contract for the Qatar Petroleum Ras Laffan common cooling
seawater system Phase II by Dodsal Pte. Ltd., Singapore, the
engineering, procurement, installation and commissioning (EPIC)
contractor for the project. The initial estimated value of the contract
is EUR 17 million and the first milestone of the project is estimated to
be completed in 19 months.

Pöyry will provide multi-discipline design engineering services,
including extensive hydraulic modelling, physical model testing,
pipelines and process engineering. The project features GRP pipelines
with diameters of up to 4 metres and mega-pumps, and will raise the
system's capacity from 310 000 to 835 000 cubic metres/h.

The services will be provided by Pöyry's offices in Abu Dhabi, United
Arab Emirates, further extending Pöyry's operations in the Middle East.
The award of the project reflects the successful execution of the front
end engineering design for Phase I and Pöyry's strategy of extending its
portfolio of services throughout the value chain.

The goal of Pöyry's Energy business group is to expand its oil and gas
design engineering services with specific focus on providing high value-
added services tailored to meet the clients' business objectives.

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 530 million and it employs
5700 experts.

PÖYRY PLC


Erkki Pehu-Lehtonen                 Teuvo Salminen
President and CEO                   Deputy to President and CEO

Additional information by:
Alex Campbell, President Oil & Gas, Energy Business Group, Sultanate of
Oman
Tel. +968 9944 1264, +968 2457 4600
Richard Pinnock, Chief Executive Officer, Energy Business Group, Zurich,
Switzerland
Tel. +41 76 356 2410

www.poyry.com

DISTRIBUTION:
Helsinki Stock Exchange
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