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PRESS RELEASE 21 Dec 2006

PÖYRY TO PROVIDE SERVICES FOR NEW BIOMASS POWER PLANT PROJECT IN FINLAND

Pöyry's Energy business group has signed an agreement with Porin Prosessivoima Oy, a subsidiary of Pohjolan Voima, for services in a biomass-fired combined heat and power plant project. The value of the assignment is about EUR 2.4 million.

Porin Prosessivoima Oy has decided to build a new biopower plant at the Kaanaa factory site of Kemira Pigments Oy in Pori, Finland. Pöyry's assignment includes a significant part of complete basic and implementation engineering as well as project management, procurement and supervision services.

The plant will burn wood fuel, peat, coal and recycled fuels and will have a capacity of 65 MW of electricity, 140 MW of steam and 70 MW of district heat. The energy will be delivered to Kemira for the purposes of industrial processes in Kaanaa and Pihlava, and to the City of Pori for district heating of the downtown and Meri-Pori areas. The total investment amounts to approximately EUR 140 million. The plant comprises a new boiler utilising circulating fluidized bed combustion technology and a district heating back-pressure turbine. The plant will be completed by the end of 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:

Vilho Salovaara, President, Pöyry Energy Oy, Finland

Tel. +358 10 33 24359

Jyrki Kovanen, Project Manager, Project Services, Pöyry Energy Oy, Finland

Tel. +358 10 33 24809

www.poyry.com

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