Pöyry - Company Announcement

Pöyry gives first indications of planned efficiency improvement measures in Finland

PÖYRY PLC          Company Announcement 28 October 2010 at 8.15 a.m.

On 14 October, Pöyry announced an operational excellence programme that aims at
improving the efficiency and quality of operations. The Group-wide programme
will be implemented during 2010-2012. Pöyry also announced that the programme
will be started in Finland where the need for structural changes and
streamlining of the organisation is most imminent. In this conjunction Pöyry
also announced it will initiate statutory employee negotiation in all its
Finnish operations.

Analysis of the operations in Finland and efficiency improvements needed to
achieve profitability level in line with the targets set for the Group has been
done. Based on this, the first indications of the possible impacts on the
organisation and capacity have been estimated. The planned reduction in
capacity, of the currently active workforce, is estimated to correspond to
250-350 persons. The targeted annualised cost savings are EUR 10-15 million. In
addition, the future outlook for the workforce of about 200 persons temporarily
laid off will be carefully considered. The related restructuring costs are
estimated to be in the range of EUR 6-10 million including the possible
additional costs from earlier reduction measures. Implementation of the
efficiency improvement measures in Finland is expected to take about 6-9 months.
The majority of the restructuring costs in Finland are expected to be recorded
in the fourth quarter of 2010.

The measures to be taken focus on streamlining of operations and office network,
reducing administration and non-billable activities as well as improving core
processes and investing in competence development. As part of the programme,
engineering services continue to be consolidated into engineering centres in
cost competitive locations. Once completed, the Pöyry Group will have a more
effective and cost-efficient organisation as well as a streamlined regional
office network serving our Finnish clientele. Even after the estimated capacity
reductions, Finland will constitute one of our core markets with strong service
capabilities employing around 2000 persons.

PÖYRY PLC

Additional information by:
Heikki Malinen, President and CEO, Pöyry PLC, Finland
Camilla Grönholm, Executive Vice President, Human Resources, Pöyry PLC, Finland
Contacts: Heli Uusnäkki, tel. +358 10 33 21158

Press outside the capital area:
Tapio Aalto, President, Pöyry Finland Oy
Contacts: Heli Uusnäkki, tel. +358 10 33 21158
Investors and analysts:
Sanna Päiväniemi, Director, Investor Relations, Pöyry PLC, Finland
tel. +358 10 33 23002

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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