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PRESS RELEASE 27 Oct 2006

PÖYRY AWARDED SUBSTATION ENGINEERING CONTRACT IN AUSTRIA

Pöyry's Energy business group has been awarded an engineering contract for the new 380 kV high-voltage substation at Sarasdorf by Verbund Austrian Power Grid, Austria. The value of the assignment is EUR 1.8 million.

The project site is situated 20 km southeast of Vienna. The new substation, which is a part of a 380/110 kV network interconnection project, enables the transmission grid operator Verbund and the distribution grid operator EVN to handle the electricity produced by windmills.

Pöyry's services consist of engineering services, including detail design, and construction of all high-voltage and control equipment as well as cabling within the 380 kV switchgear. Project follow-up, installation, commissioning and deliveries of as-built documentation will continue until 2008.

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:

Günter Moraw, Managing Director, Pöyry Energy GmbH, Austria

Tel. +43 50 313 54701

Stefan Hofer, Business Area Manager, Pöyry Energy GmbH, Austria

Tel. +43 50 313 54640

www.poyry.com

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