2008-06-16 08:50:00 CEST

2008-06-16 08:50:34 CEST


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Pöyry - Company Announcement

PÖYRY SPECIFIES ITS 2008 EARNINGS ESTIMATE



PÖYRY PLC          Company Announcement 16 June 2008 at 9.50 a.m.

PÖYRY SPECIFIES ITS 2008 EARNINGS ESTIMATE

Owing to the favourable development of earnings in the first half of
the year, the company specifies its earnings estimate of consolidated
profit before taxes for 2008. Profit before taxes is estimated to
improve clearly in 2008. According to the company's previous
estimate, the profit before taxes was estimated to improve in 2008.

The Forest Industry business group's favourable earnings development
has continued after the first quarter also in April and May and
orders received during the spring create a good work load for the
rest of the year. For this reason, the Forest Industry business
group's operating profit is expected to improve clearly in 2008.
According to the previous estimate, the operating profit was
estimated to improve in 2008. The Forest Industry business group's
favourable earnings development is due to effective capacity
utilisation, successful completion of a number of major projects and
the favourable demand situation in Latin America.

The earnings estimates of the Energy and Infrastructure & Environment
business groups remain unchanged.

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 7400 experts.

PÖYRY PLC

Heikki Malinen
President and CEO

Teuvo Salminen
Deputy to the President and CEO

Additional information by:
Teuvo Salminen, Deputy to the President and CEO
tel. +358 10 33 22872

www.poyry.com

DISTRIBUTION:
OMX Nordic Exchange Helsinki
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