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STOCK EXCHANGE RELEASE 31 Mar 2010

Pöyry awarded EUR 7.5 million pulp mill engineering contract in Brazil

PÖYRY PLC          Company Announcement 31 March 2010 at 3.45 p.m.

 

Eldorado Celulose e Papel Ltda, Brazil, has awarded Pöyry a contract for pre-engineering and preparatory work for mill infrastructure for a 1.5 million t/a bleached eucalyptus market pulp mill to be built in the state of Mato Grosso do Sul, Brazil. The value of Pöyry's assignment is about EUR 7.5 million. The final investment decision is expected later this year.

 

The concept of the mill is based on the use of the best available technologies and the best environmental practices, which constitute a state-of-the-art level pulp mill. Using existing eucalyptus plantations as raw material, the mill is to produce more with less use of natural resources, at low production costs, progressive environmental impact reduction and minimum risk of accidents at work.

 

The assignment now received strengthens Pöyry's position as the leading engineering solutions provider for the pulp and paper sector in the world.

 

PÖYRY PLC

 

Additional information by:

Esa Ikäheimonen, CFO, Pöyry PLC, Finland

Tel. +358 10 33 21586

Martin Kuzaj, President, Industry Business Group, Finland

Tel. +358 10 33 21179

 

Pöyry is a global consulting and engineering company dedicated to balanced sustainability. We offer our clients integrated management consulting, total solutions for complex projects and efficient, best-in-class design and supervision. Our in-depth expertise extends to the fields of energy, industry, urban & mobility and water & environment. Pöyry has 7000 experts operating in about 50 countries, locally and globally. Pöyry's net sales in 2009 were EUR 674 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).

 

DISTRIBUTION:

NASDAQ OMX Helsinki

Major media

www.poyry.com