Pöyry - Company Announcement

PÖYRY STRENGTHENS ITS GROWTH BASE BY REORGANIZING ITS INFRASTRUCTURE& ENVIRONMENT BUSINESS GROUP

PÖYRY PLC          Company Announcement 7 October 2008 at 9.00 a.m.

PÖYRY STRENGTHENS ITS GROWTH BASE BY REORGANIZING ITS INFRASTRUCTURE& ENVIRONMENT BUSINESS GROUP

As of 1 January 2009, Pöyry PLC will split its Infrastructure &
Environment business group into three parts: Transportation, Water
and Environment, and Construction Services.

The Infrastructure & Environment business group has consisted of
three business areas with partly different client bases, markets and
growth areas. The business areas will now be reorganized as separate
business groups. The reorganization will create a clearer connection
between Pöyry's long-term growth strategy and business structure. At
the same time, it will enable investors to understand better the
different segments of Pöyry's infrastructure and environment
business.

Heikki Malinen, President and CEO, comments: "The Infrastructure &
Environment business group has in recent years shown strong growth
and improved its profitability. The reorganization will further
improve the growth potential through closer focus and continued
expansion. The reorganization will create a more market- and
client-focused approach to business operations and enhance the
further development of services."

Present business structure

Until now, Pöyry has conducted its operations through three business
groups: Energy, Forest Industry, and Infrastructure & Environment.

The structure of the Energy business group will remain unchanged. The
business group is Europe's leading provider of energy-related
consulting and engineering services.

The Forest Industry business group will also remain unchanged, except
that the Civil Engineering business unit with a staff of 250 will
become a part of the Construction Services business group. The Forest
Industry business group is global market leader both in consulting
and engineering.

New business groups

Transportation

The Transportation business group will focus on rail transportation
systems and on road, tunnelling and bridge projects, as well as on
other transportation-related engineering and expert services. The
2008 net sales of the businesses which will form the new business
group are estimated to be about EUR 107 million.

Demand will be strongest for energy-saving and environmentally
friendly mass transit systems, which require high-quality consulting
and engineering services. Investments in transportation systems are
growing in Eastern Europe, Asia and Latin America. In Western Europe,
investments in transportation systems are expected to remain stable.

Mr. Andy Goodwin (46) has been appointed President of the business
group as of 1 January 2009, based in Zurich, Switzerland. Mr. Goodwin
holds B Sc (Eng) and BComm degrees and joined Pöyry in 2000. He is
currently President of the Transportation business area. Previously,
he has served in various senior management positions in Europe, Asia
and Africa.

Water and Environment

The Water and Environment business group will offer comprehensive
engineering and expert services related to water and environmental
technologies. The 2008 net sales of the businesses forming the new
business group are estimated to be about EUR 84 million.

The sufficiency and price of water resources represent a growing
global challenge. To ensure the availability of water, new solutions
will be needed both in developing countries and the metropolitan
regions of industrialised countries. The treatment of municipal and
industrial waste waters and other waste streams offer abundant new
business opportunities throughout the world. New problems caused by
climate change will also boost demand for the Water and Environment
business group's services.

Dr. Bernd Kordes (54) has been appointed President of the business
group as of 1 January 2009, based in Mannheim, Germany. Dr. Kordes
holds a Ph D (Civil Eng) degree. He joined Pöyry in 2005 in
connection with the acquisition of GKW Holding GmbH where he served
as President of the company. Dr. Kordes is currently President of the
Water & Environment business area with broad international
operations.

Construction Services

The Construction Services business group will offer comprehensive
engineering and project management services for commercial building
and industrial projects. Services will include project management,
architectural design, structural engineering, building technology
services and construction supervision. Consulting and expert services
to real estate development, building maintenance, energy efficiency
and ecological solutions will be expanded further.

The business group's operations, which until now have concentrated on
Finland, the Baltic countries and Russia, will be expanded into other
Eastern European countries and China. Structural engineering services
to the industrial sector as well as architectural design and other
specialised services will be strengthened and directed also to other
international markets. The 2008 sales of the businesses constituting
the new Construction Services business group are estimated at EUR 93
million.

Mr. Ari Asikainen (51) has been appointed President of the new
business group as of 1 January 2009, based in Vantaa, Finland. Mr.
Asikainen holds an M Sc (Tech) degree. He has a broad international
experience in managing project businesses. Mr. Asikainen joined Pöyry
in 1990 and is currently President of the Power and Heat business
area.

All three presidents of the new business groups have been appointed
members of the Group Executive Committee as of 1 January 2009.

Financial targets and comparable figures

The profitability target of Pöyry's business groups is a minimum of 8
per cent in the medium term. The long-term profitability target of
the business groups is 10 per cent. The comparable figures according
to the new business group structure will be released in connection
with the publishing of the annual accounts for 2008.

Knowledge Management development programme

The president of the Infrastructure & Environment business group
since 2000, Professor, Ph D (Tech) Risto Laukkanen (57) has been
appointed Director of the Group-wide Knowledge Management development
programme as of 1 January 2009. The goal of the development programme
is to further improve the management of the Group's special expertise
and data resources, and thus support Pöyry's future growth and
profitability. In his new position Dr. Laukkanen reports to Heikki
Malinen, President and CEO.

Pöyry is a global consulting and engineering firm focusing on the
energy, forest industry and infrastructure & environment sectors.
Pöyry's net sales in 2007 amounted to about EUR 720 million and it
employs 8000 experts.

PÖYRY PLC

Heikki Malinen
President and CEO

Teuvo Salminen
Deputy to President and CEO

Additional information by:
Heikki Malinen, President and CEO, Pöyry PLC
tel. +358 10 33 21307, +358 400 464 276
Teuvo Salminen, Deputy to President and CEO, Pöyry PLC
tel. +358 10 33 22872, +358 400 420 285

www.poyry.com

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