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PRESS RELEASE 7 May 2008

PÖYRY EXPANDS ITS ARCHITECTURAL DESIGN SERVICES BY ACQUIRING ARKET OY, FINLAND

Pöyry has expanded its architectural design operations by acquiring the entire share capital of Arket Oy, Espoo, Finland. Employing nine architects, the company had net sales of EUR 0.8 million in 2007.  
 
Founded in 1988, Arket Oy provides architectural design services for healthcare, office, retail and industrial buildings. The company has also extensive experience of total design and construction management services projects.
 
The acquisition supports Pöyry's strategy to expand its architectural expertise into new fields of operation within the construction sector. The joining of forces further strengthens Pöyry's know-how related to healthcare facilities and total design assignments.
 
Arket Oy will be part of the Pöyry Group's Real Estate and Telecommunications business area. It will be merged with Pöyry Architects Oy and its management and personnel will continue in Pöyry's employment after the transaction.
 
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 7400 experts.
 
PÖYRY PLC
 
Teuvo Salminen
Deputy to President and CEO
 
Additional information by:
Timo Kankuri, President, Business Area Real Estate and Telecommunications, Pöyry PLC
tel. +358 50 337 4688
Tommi Tuominen, Chairman of the Board, Pöyry Architects Oy
tel. +358 10 33 53033
 
 
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