Pöyry - Company Announcement

Pöyry awarded EUR 9.2 million contracts for a pump storage plant project in Austria

PÖYRY PLC     Company Announcement 23 June 2010 at 11.00 a.m.

Pöyry has been awarded contracts by VERBUND-Austria Hydro Power AG both for the
provision of engineering services and for site supervision during the
construction period of Reißeck II pump storage plant. The overall value for
Pöyry in the two contracts amounts to approximately 9.2 MEUR. Prior to these
contracts Pöyry also executed the tender and approval design for Reißeck II pump
storage plant.

Pöyry's engineering services comprise execution design and as-built design. The
site supervision services will last during the entire construction period from
June 2010 until completion by the third quarter of 2014.

The pumped storage power plant Reißeck II connects two existing storage power
plants: Reißeck-Kreuzeck storage power plant and Malta power plant main stage.
For the new pumped storage scheme the existing reservoir "Großer Mühldorfersee"
of Reißeck-Kreuzeck scheme is used as upper reservoir. The existing reservoir"Gößkar" of Malta main stage serves as lower reservoir. The waterway leads from
the upper reservoir via a 5 km long power tunnel and pressure shaft to the
powerhouse cavern, which is equipped with 2 sets of reversible Francis-pump
turbines with 215 MW each. The downstream connection to the waterway of
Malta-main stage is a 203 m long pressure tunnel.

Additional information by:
Ari Asikainen, President, Energy business group, Pöyry PLC, Finland
Tel. +358 10 33 24476
Vilho Salovaara, President, Business area hydropower, Energy business group,
Switzerland
Tel. +41 76 356 2033

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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