PÖYRY INITIATES SHARE BUYBACK
The Board of Directors of Pöyry Plc has decided on 10 December 2007 to exercise the authorisation by the Annual General Meeting on 5 March 2007 to acquire the company's own shares. According to the resolution of the Board of Directors, a maximum of 400 000 shares may be acquired for the implementation of an incentive plan.
The shares will be acquired in public trading on the OMX Nordic Exchange in Helsinki at their market price at the time of purchase. The total maximum amount to be paid for the shares is EUR 6 600 000.
The share buyback will begin on 6 February 2008 at the earliest. Shares can be acquired until 10 September 2008 subject to the resolution by the Annual General Meeting of Pöyry Plc convening on 10 March 2008 to renew the authorisation to acquire the company's own shares and the resolution of the Board of Directors to exercise the authorisation for the above said purpose.
President and CEO
Deputy to President and CEO
Additional information by:
Anne Viitala, Group General Counsel, Pöyry Plc
Tel. +358 10 33 22811
OMX Nordic Exchange Helsinki