2010-02-12 08:30:00 CET

2010-02-12 08:34:31 CET


REGULATED INFORMATION

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Pöyry - Company Announcement

Pöyry awarded EUR 6.1 million hydropower scheme contract in Sri Lanka


PÖYRY PLC          Company Announcement 12 February 2010 at 9.30 a.m.

Pöyry has been awarded a EUR 6.1 million contract for feasibility studies,
tender design, detail design and construction supervision of the Uma Oya
hydropower project in Sri Lanka. The EPC contractor for the whole project is
FARAB International of Dubai (UAE).

The project comprises two dams and over 15 km of water conveyance tunnels, a
700 m deep shaft and an underground powerhouse with two Pelton turbines of
totally 150 MW installed capacity. Pöyry will start the study work immediately
and the design phase will be completed by end 2011. The main construction
activities are scheduled to start in early 2011. The power station will be
commissioned in early 2016.

The construction of the hydropower plant and the dams is part of a wider Uma Oya
Multipurpose Development Project by the Ministry of Irrigation of Sri Lanka. The
project combines the hydropower schemes and irrigation in a sustainable way. In
the project water will be diverted from the wet central highlands into the dryer
southern part of Sri Lanka for irrigation and human consumption and will use the
available head of over 700 m for energy generation.

Pöyry has long experience of the study and design of dams, hydropower schemes
and irrigation works in Sri Lanka. During the past 30 years Pöyry has made a
major contribution to development of hydropower in Sri Lanka by engineering four
major hydropower schemes.

PÖYRY PLC

Additional information by:
Esa Ikäheimonen, CFO, Pöyry PLC
Tel. +358 10 33 21586
Knut Sierotzki, Director Hydropower Asia Russia, Energy Business Group, Pöyry,
Thailand
Tel. +66 2 657 1000

Pöyry is a global consulting and engineering company dedicated to balanced
sustainability. We offer our clients integrated management consulting, total
solutions for complex projects and efficient, best-in-class design and
supervision. Our in-depth expertise extends to the fields of energy, industry,
urban & mobility and water & environment. Pöyry has 7000 experts operating in
about 50 countries, locally and globally. Pöyry's net sales in 2009 were EUR
674 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry
PLC: POY1V).

DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.poyry.com



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