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PRESS RELEASE 8 Feb 2016

Pöyry signs new frame agreement with Svenska kraftnät

PÖYRY PLC   Press Release 8 February 2016 2.00 pm (EET)

Pöyry signs new frame agreement with Svenska kraftnät

Svenska kraftnät, the Swedish National Grid, have signed a new frame agreement with Pöyry, covering technical consultancy services. There is no call off amount guarantee, but according to Svenska kraftnät SEK 500 million (EUR 50 million) will be purchased annually through this frame agreement, allocated to 21 consultancy suppliers. Out of these 21 suppliers, Pöyry is one of the few companies that qualified for all 4 packages: construction and project management; EHSQ; land and permits; and other areas of expertise in power transmission and distribution.

The agreement is valid for three years, from 2016 to 2018, with Svenska kraftnät having the option of two one-year extensions (for 2019 and 2020).

"Pöyry is a proven and expert supplier of technical consultancy services, and we are extremely happy to renew our position as a trusted partner in delivering safe, reliable and environmentally friendly solutions for Svenska kraftnät," says Johan Jalvemo, Pöyry's Head of Transmission & Distribution in Sweden.

For more information, please contact:

Johan Jalvemo
Head of Transmission & Distribution, Sweden
Tel +46 76 76 96 415

Anja Silvennoinen
President, Energy Business Group
Tel +358 40 76 00 824

Pöyry is an international consulting and engineering company. We serve clients globally across the energy and industrial sectors and provide local services in our core markets. We deliver management consulting and engineering services, underpinned by strong project implementation capability and expertise. Our focus sectors are power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation and water. Pöyry has an extensive local office network employing about 6,000 experts. Pöyry's net sales in 2014 were EUR 571 million and the company's shares are quoted on Nasdaq Helsinki (Pöyry PLC: POY1V).