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STOCK EXCHANGE RELEASE 15 Aug 2006

PÖYRY TO PROVIDE EUR 12.6 MILLION SERVICES FOR MASS TRANSIT SYSTEM IN VENEZUELA

PÖYRY PLC                  Stock Exchange Notice
                           August 15, 2006 at 1.15 p.m.

PÖYRY TO PROVIDE EUR 12.6 MILLION SERVICES FOR MASS TRANSIT SYSTEM IN
VENEZUELA

Pöyry's Infrastructure & Environment business group has been assigned by
C.A. Metro de Valencia to provide extension to implementation services
of line 1 of the light rail system in Valencia, Venezuela. The value of
the contracts amounts to EUR 12.6 million. The services are to be
carried out by the end of 2007.

The services are concerned with civil works design reviews, site
supervision and quality management, and supervision and project
management of electromechanical supplies and installations. In addition,
Pöyry will provide business administration and operation consultancy
services. Pöyry has been the client's representative for the
transportation system project since 1997. Contracts awarded to date
amount to a total of about EUR 22 million.

The first stage of the new metro for the city of Valencia consists of a
6.5-km twin-track underground line along the city's most important north-
south axis. The initial capacity of the system will be 10 000 passengers
per hour and direction based on a 4-minute headway. Commercial operation
of the light rail system is planned to begin on May 31, 2007.

Pöyry has an excellent track record for major transportation projects in
Latin America. Projects have been undertaken in Argentina, Brazil,
Chile, Costa Rica, Colombia, Mexico, Peru and Venezuela.

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


Erkki Pehu-Lehtonen                 Teuvo Salminen
President and CEO                   Deputy to President and CEO

Additional information by:
Gerhard Schmitz, Director, Pöyry Infra Latin America
Tel. +41 76 356 2146
Andy Goodwin, President, Business Area Transportation
Tel. +41 76 356 2310

www.poyry.com

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