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STOCK EXCHANGE RELEASE 31 Dec 2008

PÖYRY DIVESTS ITS SHAREHOLDING IN POLARTEST OY, FINLAND

PÖYRY PLC          Company Announcement 31 December 2008 at 11.30 a.m.
 
PÖYRY DIVESTS ITS SHAREHOLDING IN POLARTEST OY, FINLAND
 
On 26 November 2008 Pöyry has signed an agreement by which it sells its 22.79 per cent share ownership in Polartest Oy, Finland to the German company Dekra AG.
 
Closing of the transaction was subject to certain conditions, such as approval by the German competition authorities. The conditions have now been fulfilled and the transaction has been closed on 31 December 2008.
 
The transaction has a positive effect on the Energy business group's result for the last quarter of 2008.
 
Pöyry is a global consulting and engineering firm focusing on the energy, forest industry and infrastructure & environment sectors. Pöyry's net sales in 2007 amounted to about EUR 720 million and it employs 8000 experts.
 
PÖYRY PLC
 
Heikki Malinen
President and CEO
 
Teuvo Salminen
Deputy to President and CEO
 
Additional information by:
Ari Asikainen, President, Business Area Power and Heat, Pöyry's Energy Business Group, Finland
tel. +358 400 816633
 
 
DISTRIBUTION:
NASDAQ OMX Helsinki
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