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STOCK EXCHANGE RELEASE 8 Mar 2004

TIMETABLE FOR ACQUISITION IN AUSTRIA

JAAKKO PÖYRY GROUP OYJ     Stock Exchange Notice
                           March 8, 2004 at 11.30 a.m.

TIMETABLE FOR ACQUISITION IN AUSTRIA

Jaakko Pöyry Group disclosed on December 2, 2003 the signing of a
memorandum of understanding concerning the acquisition of Verbundplan
GmbH and AQUATIS a.s. before the end of February 2004. The acquisition
process has been delayed from the original completion date. The new
estimated date for completion of the acquisition is the beginning of
April. The closure of the deal is subject to completion of contractual
negotiations, the approval of the decision-making bodies of seller and
buyer, and the approval of the Austrian Competition Authority.

JAAKKO PÖYRY GROUP OYJ


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


Additional information by:
Erkki Pehu-Lehtonen, President and CEO, Jaakko Pöyry Group Oyj
Tel. +358 9 8947 2999, +358 400 468 084

www.poyry.com

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